 Do you have to be 18 to use a credit card? |
Im not 18 yet but my parents gave me a credit with my name on it but it is under her account. Will i be able to use it since when i show my driver license it shows that im not 18
Additional D... |
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 In your opinion, what are the characteristics of a good credit card? |
be realistic...
what makes for a satisfying credit card? what is the most important thing to you: access to cash, good customer service, low rates, rewards programs, billing options?
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 Do banks refund money if your card has been cloned? |
Additional Details
Can I just add for all those people who 'don't understand' how a card can be cloned. I went to use it today and it was refused, phoned the bank and ... |
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 I was arrested in Nigeria and I've got a bank account worth millions...? |
| Can you give me your bank routing number so I can sneak the money out? I'll give you a million for your troubles.... |
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 I want to look at my credit history. How can I go about this? |
| I know that there are 3 major credit agencys. Do I just comtact one of them? How do I dispute it, if there is something on it that I don't agree with?... |
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 Loan help? |
i really need a loan, i have been offered one from advantage loans but i have to pay £49.50 set up fee first. alrm bells are ringing i have a really bad feeling about this company.
my credit ... |
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 If I don't use my Victoria's Secret credit card will it make my credit bad? |
I got a credit card from there because it saved me 10% on....something. : )
I thought it was just a discount card not a credit card. I doubt I'll use it that much.... |
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 I just got a job at arbys im 16 my mom said i wouldnt be able to get a credit card because i have to at least |
| my mom said i wouldnt be able to get a credit card until i have had my job for at least a year is that true the reason i want a credit card is so i can build up my credit so i can get a ... |
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 Havent been able to make loan payment in 6 mo, owe bank $8,000 credit already shot,whats going to happen now? |
| im scared and dont know what to expect, ive not been able to make my bank payments in months,(owe about 8,000) and they want to repo my boat, they can have it, but i still cant pay so what will ... |
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 Credit card question.......? |
| Is it legal -in the state of Ky-to get a credit card in my child's name and soc. sec. #? He is only 6 years old, so he wouldn't be using the card and probably wouldn't even know about ... |
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 I have been receiving message from my answer machine, that is a pre-recorded message claim they are a debt? |
| collector and try to collect from somebody that I never heard of, and leave a number for me to call them back, I am not sure is it a scam from them trying to collect personal info from me. What do ... |
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 Am I doing the right thing by not having a credit card? |
| I am in my mid-20s & I never had a credit card. I've always managed money well & I'm always getting pre-approved offers, but I've declined them. My friends look at me like I... |
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sayfee2k | Can a debt collector put a hold on your Bank account for the amount owed? |
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civpro1
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Your question does not give enough facts. A regular debt collector cannot put a freeze on your bank account for the amount owed. However, if they have a civil judgment against you (and depending on what state you live in) they can file a garnishment against your assets, including bank accounts. The bank will hold or freeze the account until the return date of the garnishment and then send it to the Court for payment to the judgment-creditor.
As far as the comments about "junk debt" buyers. Debts are like any other asset. They may be sold or transferred. There is not a credit agreement out there that does not allow for assignments of a debt. This is a perfectly legal and well established practice. Like any other assignee they stand in the shoes of the assignor. Standard agency law.
If you owe the debt, why not pay it? |
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Rachel M
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no, but they can sue you.
as far as what Bill said, that's true. If they threaten you with something, by law they must do what they say. They are not allowed to lie to you. If they do, you can sue them. |
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bdancer222
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The debt collector can sue, win a judgment, then attach your bank accounts, garnish your wages, and lien your property. But they have to sue first. |
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billc4u
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No and if they have threaten that then they are attempting to use a scare tactic on you |
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88 Jayhawk
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Absolutely not. Only a judge with a court order can do that and then usually only if the debt is to the IRS. |
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hopflower
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No. |
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?
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Not usually. If you owe a government agency money then they can freeze your account but normally a debt collector can't. |
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Third account already!
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Only if it's a government agency such as the IRS or a college loan fund. Other than that, if someone is threatening you with that it's just the unscrupulous tactics of over zealous collection agents. You can safely thumb your nose at those anal sphincters. |
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Ask M
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if they get your banking information, yes that can, however, you can fight with a lawyer. Make them Validate the debt,
make them tell you whether they purchased or were assigned.
If they PURCHASED the debt, then why do you owe them
the money, you did not tell them to purchase it, you did
not sign a contract with them that said you would pay them,
how do you know what they say you owe is correct?
www.creditinfocenter.com
don' t talk to them at all, make them put it in writing. |
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wife2denizmoi
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Not right away. It would require being months and months behind and then it would require them to go to court. It depends on how much you owe as to weather or not they will bother with something like that. Remember, its their job to SCARE you into paying that bill. |
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∞infiniti∞
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Not unless you have authorized them to do it.
Debt collectors are powerless to seize or put hold on your bank accounts, garnish your wages, and put liens on your property without first taking you to court and getting a civil judgment against you.
Never, ever give a debt collector any banking or personal information. They will empty your bank accounts and use the information against you. |
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howtogooru
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No, and the other answer is correct. There job is to collect the full amount, at virtually any cost. They will lie, cheat and steal. You have to be especially careful of companies that buy "junk debt" from other creditors who have already written it off as a loss. These crooks are the worst, and they don't even have a legal right to collect the debt from you. To protect yourself, i would do some research. A good place to start is
http://www.HowToGooru.com/Credit-Guides.html where you can find some good free info. The recommended resource "credit secrets bible" is by far the best money I EVER spent, as the info contained gives me a HUGE advantage when dealing with creditors.
Good luck. |
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GUARD DOG
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No, they cannot; only the bank, or the government (federal or state) can freeze your bank account...but a debt collector can get a lien against you until the debt is paid. |
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TONY S
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Debt collectors can go to a judge and have liens placed on your property.
I see it all the time at the City Clerk's office...people with outstanding liens for not paying their whatever bill. |
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Dee
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Well, I just had my bank acct. Put on hold. An attorney won a default judgement and was.able to get 3,200 dollars out of my account. This was a credit card account & the attorney purchased it. I want to know what else can they get access to and how can I protect myself? |
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cece
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I have been going back and forth with a debt, that was 4,450. I fell back when i lost my job couple times. We have been up and down the court paper work but i never got a day in the court. Their attorny has now put a freeze on my saving which is only $800. How can i have my day at the court and what can i do? |
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