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What do you do if your 19 year old steals your credit card and refuses to repay debts?
You can make them send back what they purchased on your card (if it's still in original packaging), or alternatively make them sell it and further possessions on ebay etc... to cover the cost. (If they are not willing to sell their stuff, just do it for them). You could also take them to a police station, since what they did is exactly the same as identity theft, even if you are related to them.
If your 19 year old still has your credit card, or knows the number and PIN, cancel your card and get a new one. (Some websites also remember credit card details, so cancelling your card may be worth doing even if your 19 year old can't remember the numbers...) And keep your new one in a very safe location. I'm thinking it may also not be worth leaving cash in an easily accessible place around the house...
What else can I help you with?
Why do people have good and bad credit ratings?
Credit ratings are intended to express the degree to which we can rely on people to repay their debts, based on their past history of either repaying or not repaying debts.
Which best explains what a credit score represents A. A number showing how likely you are to have more than one credit card. B. A numerical rating that expresses how likely you are to repay your debts?
It's option B... It's an indication of how promptly you pay off your debts.
How does forming an LLC impact an individual's personal credit score?
Forming an LLC typically does not directly impact an individual's personal credit score. However, if the individual personally guarantees any business debts or uses personal credit to fund the LLC, it could affect their credit score if the business fails to repay the debts.
How can I check the credit rating of a company?
You can check a company's credit rating by contacting credit rating agencies like Standard Poor's, Moody's, or Fitch. These agencies provide credit ratings based on the company's financial health and ability to repay debts.
What does a credit score measure?
A credit score is a measurement of factors in your credit history. It is a general score of how well you can manage and repay your debts. Although there are several different scoring standards, your payment history makes up a significant portion of your score.
Why do people have good and bad credit ratings?
Credit ratings are intended to express the degree to which we can rely on people to repay their debts, based on their past history of either repaying or not repaying debts.
Which best explains what a credit score represents A. A number showing how likely you are to have more than one credit card. B. A numerical rating that expresses how likely you are to repay your debts?
It's option B... It's an indication of how promptly you pay off your debts.
How does forming an LLC impact an individual's personal credit score?
Forming an LLC typically does not directly impact an individual's personal credit score. However, if the individual personally guarantees any business debts or uses personal credit to fund the LLC, it could affect their credit score if the business fails to repay the debts.
How can I check the credit rating of a company?
You can check a company's credit rating by contacting credit rating agencies like Standard Poor's, Moody's, or Fitch. These agencies provide credit ratings based on the company's financial health and ability to repay debts.
Can IRS seize credit union account for back taxes?
Yes. A credit union has savings and checking options and either one or both can be seized to repay a delinquint IRS debts for back taxes
What does a credit score measure?
A credit score is a measurement of factors in your credit history. It is a general score of how well you can manage and repay your debts. Although there are several different scoring standards, your payment history makes up a significant portion of your score.
If someone filed Chapter 7 Bankruptcy and wanted to repay some of the debts listed in full would that bring their credit with those creditors into good standing on their credit report?
No-the accounts have been discharged in bankruptcy.
How would you use the word repay in a sentence?
If you borrow money, you should repay who you borrowed it from to avoid debts.
What is a good sentence with the word grievance?
"My grievance is that he refuses to repay the money"
Did Poland repay her debts of World War 2?
Yes
What describes bankruptcy?
a legal declaration that you are unable to repay your debts
What does it take to borrow a loan from a bank?
Steady income (and a history of such income)in an amount enough to repay debts, acceptable credit history, an acceptable loan purpose, and if required, acceptable collateral
