Can credit card companies sue for payment?

Answer Credit card companies can sue for payment. However, credit card companies will weigh several factors before suing for a payment, such as how much is owed, time at current job and how far behind the... Read More »

Top Q&A For: Can credit card companies sue for payment

How to Get Credit Card Companies to Remove Payment Protection?

Payment protection is insurance offered by your credit card company or a third-party provider. The insurance protects you from having to make the minimum payment on your credit card if you lose you... Read More »

If I Negotiate With Credit Card Companies Myself, Will It Negatively Affect My Credit Score?

If you lose your income, you may find yourself with credit card accounts that you are having trouble paying. As these balances become past due and move further into delinquency, account holders may... Read More »

When do credit card companies report to the credit bureaus?

While a credit card company can choose to report to the credit bureaus at any time, most credit card companies report account information every 30 days. Some companies report every 60 days.Source:C... Read More »

When do credit card companies update to the credit bureau?

Credit card companies provide updated account information every month to the three major credit reporting bureaus (TransUnion, Equifax, and Experian). However, it can take an additional month for t... Read More »