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Sunday, March 29, 2009

If The Credit Card Companies Cancel My Credit Card Do I Have To Still Have To Pay The Balance?


Duh. Yes, you have to pay it. You made the charges, who else is going to pay it. If your credit card was cancelled it means the credit card company has labeled you as a credit risk. You have to remember what the credit card company is cancelling your ability to use you credit card in the future. But you are absolutely responsible for every nickel of that remaining balance.

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