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What happens if you have 30000 dollars in credit card debt and have not paid for over a year?
There is no certainty as to what action creditors will take to collect debt. Some will sue for as little as $100 if the debtor's state allows small claims action by creditors. The factors for whether or not a creditor will sue are many, the most important one being if they are assured they can collect any judgment that is rendered.
What else can I help you with?
Henry had charged 847 dollars to his credit card The cost of his next purchase caused him to exceed his credit limit of 1000 dollars?
If Henry had a credit limit of 1000 dollar and charged 847 dollars to his credit card, without exceeding his credit limit he would have 153 dollars credit available for his next purchase.c>1000-847
If you did not pay your credit card what happens?
the credit card company sends people to get their money i would want to pay them.
What happens if I return something I bought with a credit card?
If you return something you bought with a credit card, the merchant will typically refund the purchase amount back to your credit card. This will result in a credit on your credit card statement, reducing the amount you owe.
What is total credit card debt?
Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
Henry had charged 847 dollars to his credit card The cost of his next purchase caused him to exceed his credit limit of 1000 dollars?
If Henry had a credit limit of 1000 dollar and charged 847 dollars to his credit card, without exceeding his credit limit he would have 153 dollars credit available for his next purchase.c>1000-847
If you did not pay your credit card what happens?
the credit card company sends people to get their money i would want to pay them.
What happens if I return something I bought with a credit card?
If you return something you bought with a credit card, the merchant will typically refund the purchase amount back to your credit card. This will result in a credit on your credit card statement, reducing the amount you owe.
What is total credit card debt?
Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.
What happens when the credit card on file with a company you owe money to is invalid?
They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
Is it legal to charge customers for credit card expenses under five dollars?
Yes, the credit card business is a very serious business.
What happens if credit card dues are not paid n credit card company sues you?
they will take your money and repossess your belongings
What happens when you make a purchase using a credit card?
When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.
What happens when you overpay on your credit card?
The overpayment will sit on your credit card account until youeither use your card to pay for items and use up the overpayment or you claim it back from the credit card company.
What happens if you return something you bought with a credit card?
When you return something you bought with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This can help reduce your credit card balance or provide you with a credit for future purchases.
What happens when you buy something using a credit card?
the credit card issuer pays the store
