Can you go to jail for not paying credit cards?

Answer Strictly speaking, you cannot go to jail for not paying your credit card bills. This is a civil offense, and you can only go to jail or prison for criminal offenses, according to Read More »

Top Q&A For: Can you go to jail for not paying credit cards

Problems Paying Credit Cards?

Before incurring credit card debt, assess your situation and determine if any sudden reversals could make it difficult to make the payments. Falling behind with credit card companies will greatly d... Read More »

Is it legal to charge a convenience fee for paying with credit cards?

Convenience fees are legal, providing they result from a payment option that differs from the company's normal business practice, according to Merchant Council. The decision on fees ultimately lies... Read More »

What happens when you stop paying on credit cards?

Since credit cards do not require collateral to receive a line of credit, it may seem reasonable that you can simply stop paying the debt if it gets unmanageable. Unfortunately, credit card compani... Read More »

How Soon Should I File Bankruptcy After Not Paying Credit Cards?

There are three national credit bureaus in the United States. The Fair Credit Reporting Act, or FRCA, states that all three credit reporting bureaus must provide you with a free credit report once ... Read More »