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Your credit card because once you pay it off, the collection agency would quit annoying you all the time.

They would be satisfied because they will get a part of the money you pay to your credit card. :)

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14y ago

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Is it possible to obtain a credit card if you have collections on your credit report?

Yes, it is possible to obtain a credit card even if you have collections on your credit report, but it may be more challenging and you may be offered a card with higher interest rates or lower credit limits.


Can I use my credit card after I pay off the collections agency?

No. Once it is sent to a collection agency the company has closed the credit card.


Can a credit card come send you to collections if you are making a payment?

They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.


Does the interest and finance charge stop each month after a credit card charge off?

No - I am a collector and service primarily unsecured credit card debt. Per the cardholder agreement that was signed with the credit card company, the account holder is often liable for a LARGER interest rate after an account goes into collections. This may not always be the case, but I rarely see credit card collections that have interest rates lower than 18%. Finance charges are not often applicable when the tradeline has been closed and charged off into collections.


What kind of credit cards does First PREMIER Bank offer?

First PREMIER Bank has a standard credit card. They also have a gold credit card, a classic credit card, a PREMIER Possibilities credit card, a PREMIER Forward MasterCard credit card, and a secured credit card.

Related Questions

Is it possible to obtain a credit card if you have collections on your credit report?

Yes, it is possible to obtain a credit card even if you have collections on your credit report, but it may be more challenging and you may be offered a card with higher interest rates or lower credit limits.


What should be your first credit card?

American Express. Beastly Credit Card.


Which company is this with telephone number 072052499?

First Gulf Bank Collections department - Credit Card Payments


Can I use my credit card after I pay off the collections agency?

No. Once it is sent to a collection agency the company has closed the credit card.


Can a credit card come send you to collections if you are making a payment?

They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.


What are the Rebuttal statements for credit card collections?

rebuttal statements do you have any application in your mobile?


Where can someone find a software that helps keep track of credit card spending and collections?

There are several different personal budgeting software packages that help track credit card spending and collections. Popular examples are Quicken, TurboSystems, and Mint.


Does the interest and finance charge stop each month after a credit card charge off?

No - I am a collector and service primarily unsecured credit card debt. Per the cardholder agreement that was signed with the credit card company, the account holder is often liable for a LARGER interest rate after an account goes into collections. This may not always be the case, but I rarely see credit card collections that have interest rates lower than 18%. Finance charges are not often applicable when the tradeline has been closed and charged off into collections.


What kind of credit cards does First PREMIER Bank offer?

First PREMIER Bank has a standard credit card. They also have a gold credit card, a classic credit card, a PREMIER Possibilities credit card, a PREMIER Forward MasterCard credit card, and a secured credit card.


What credit card was first?

Diners Club, which was techincally a charge card is usually considered the first credit card.


Who should you call if a credit card company listed you as deceased on your credit report?

You should call the credit card company.


Where can one get help with their credit card bills?

If someone needs help with their credit card bill then the first place they should ask is their credit card company. They can give more details on the transactions and help resolve issues.