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What else can I help you with?
What does a credit score of 9001 mean?
Account holder deceased
Do you have to pay your deceased mother's credit card bills?
Condolences for your loss. To answer your question, not only no, but hell no! Unless you were a joint account holder, you have no liability for your deceased mother.
What is Bad Credit Remortgage?
Bad credit remortgages can be used to stop monthly payments of a high interest or inflexible mortgage, which is a sweet deal for any adverse credit holder.
Is it better to have a higher the interest rate on a credit card the better that is for the card holder?
No. Using a credit card usually involves borrowing money and you want the lowest interest rate you can get. On the other hand, when saving money you want the highest interest rate.
Does a credit card issuer have to pay the card holder interest on an account that has a positive credit amount?
The consumer will earn interest on the account, but may be "rewarded" with cash rebates (usually quite small) and other such perks. Credit card issuers to not have to pay card holders interest on such accounts, it would be contrary to the purpose of issuing credit in the first place.
What does a credit score of 9001 mean?
Account holder deceased
Do you have to pay your deceased mother's credit card bills?
Condolences for your loss. To answer your question, not only no, but hell no! Unless you were a joint account holder, you have no liability for your deceased mother.
What does a low interest rate credit card do?
When something has low interest, that means basically that the payer of that interest doesn't have to pay much. A low interest rate on a credit card basically does the same thing- it gives the card holder a low interest rate over time than a card holder with a normal rate.
If a credit card holder has a judgment and dies who is responsible?
No one. The person left is not responsible for the debt. The credit cards want people to think that the family owes for the deceased debt, but they don't.
What is Bad Credit Remortgage?
Bad credit remortgages can be used to stop monthly payments of a high interest or inflexible mortgage, which is a sweet deal for any adverse credit holder.
Who is responsible for credit card debts on death in QLD Australia?
The estate of the deceased. Also anyone that was listed as a co-signer or joint account holder.
Can a credit card company sue after a person dies?
If the deceased was the sole account holder the CC will need to file a claim against the deceased's estate with the probate court in the state of residency at the time of the person's death.
Is it better to have a higher the interest rate on a credit card the better that is for the card holder?
No. Using a credit card usually involves borrowing money and you want the lowest interest rate you can get. On the other hand, when saving money you want the highest interest rate.
What is the law in Florida regarding credit cards after death of the card holder?
In Florida, the executor or personal representative of the deceased's estate is responsible for notifying credit card companies of the cardholder's death. The estate is generally responsible for paying off any outstanding credit card debt using the deceased person's assets. Family members are not typically personally liable for the deceased person's credit card debt.
Does a credit card issuer have to pay the card holder interest on an account that has a positive credit amount?
The consumer will earn interest on the account, but may be "rewarded" with cash rebates (usually quite small) and other such perks. Credit card issuers to not have to pay card holders interest on such accounts, it would be contrary to the purpose of issuing credit in the first place.
If a parent owes credit card debt are the children responsible after the parent is deceased?
If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.
Does a second credit card holder receive a credit card?
Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.
