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Will a Credit Card Company Sue You For Nonpayment?
By Marcilio David


Will a credit card company sue you for non payment? Stop paying your credit cards and you'll find out the answer is yes. In fact, the question should be not "will a credit card company sue you for non payment?" but when will they start legal proceedings?

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1

Subject: Will a Credit Card Company Sue You For Nonpayment?

You're so right about the fact that credit card company's will make some pretty fantastic offers to people just to settle the debt. I advise people to take advantage of these offers if they can or make other arrangements as soon as possible. Smart advice, thank you.

Comment provided October 29, 2009 at 12:31 am
2
Marc writes:

Subject: Be Careful...

Charge offs are what these "fantastic offers" are called on your credit report and, although they're not as damaging as not paying your balance at all, they're definitely not a good thing or an opportunity to take advantage of.

You're never going to get something for nothing and that certainly applies to paying off your credit card balances...

Comment provided November 3, 2009 at 7:50 pm

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