How is it legal for credit companies to pursue amounts due after a credit card co. has charged off an account? I am referring to collection agencies that try to collect after a credit card company has written off a debt. How and where do these company get the information and who gets the money if it is collected? Seems to me that anything collected after a company has written off a debt woulkd be illegal.

Credit card companies who buy debt, where can I find one again? I once had an old power bill and capitol one credit company offered me a credit card but I had to charge the old debt to the credit card in order to start a history of on time payments. Once I paid off the debt they gave me a three hundred dollar limit. It was an unsolicted offer, where can I find that same deal again with another credit card company to help clear debt and re-establish my credit rating once again?

Which credit card companies will give credit cards to someone who is a discharged bankrupt? A friend of mine was made bankrupt a few years ago, but has been discharged for about 18 months or so. So he can try and build his credit up, which credit card companies would allow him to obtain a credit card? He is not interested in the interest rate etc - he just wants a company who will definitely say yes, as if they say no, it will make his credit scoring worse.

Can credit card companies sue an estate of someone who has died to collect outstanding balances? My father in-law has incurable cancer, and outstanding credit card debt of about $55K. Can the credit card companies sue his estate or children to collect the outstanding balances on his accounts once he passes away?

How does credit card companies/ credit card issuers gain economies of scale? i only know one way for them to gain economies of scale is by adding more merchants to their platforms. however i do not understand how adding more merchants create economies of scale for them. is this the only way credit card companies gain economies of scale or are there more ways?

How do Credit Card companies determine your credit line? I was just curious as to how credit card companies determine what your credit line will be once you are approved for a card, and if you get a higher limit will it look better for your credit?

How do I know if these credit card companies are reputable? Within the past couple of months, I've been receiving several letters per week from credit card companies enticing me to apply. I have bad credit, got rid of all my credit cards eight years ago, and am still paying off old debt. Could these letters have something to do with the fact I bought a new car last fall? Should I apply for a card to build my credit back up? How would I know what company to go with?

Do credit card companies communicate with each other if there is no credit check or limit increase? I have 3 credit cards. 2 of them I'll need to stop paying for now, but I'm not going bankrupt yet. Can I keep the third credit card if I keep paying it? Or will the 2 other credit card companies call them and tell them to cancel me also? I would like to add that I will NOT ask for aditional credit from the existing card in positive balance. So they will not contact the credit bureau.

Credit card companies are raising rates and lowering balances. Can that happen to me? I have two zero percent credit cards. I plan to pay one of them off in March and the other in November. The debt to available balance ratio is 20% on each. I always pay on time and pay at least twice the minimum due. I understand that there is no such thing as a fixed interest rate. Can my credit card companies raise my rates even if I continue to pay on time and more than the minimum.

Are there any credit card companies that will deliver a credit card to a PO Box? I am applying for one, and because of certain circumstances, I am only able to receive one at a PO Box at this time. Are there any credit card companies that will deliver a card to a PO Box?

Do credit card companies charge fees for me to accept payment? I am going to place a PayPal option on my website (the standard account) where the buyer can only buy one item at a time after the price (shipping, etc.) has been decided. I am aware of PayPal's fees, but do the credit card companies also charge me a fee for accepting payment? If so, approximately how much are credit card company fees? I want to use PayPal's email billing option so that the buyer can choose his method of payment.

credit card debts collection in a different country is whose responsibility ? Banks/ card companies like visa? credit card debts collection in a different country is whose responsibility ? Banks/ card companies like visa? Because you could have credit which are not much for individual banks, but since the credit companies are only 4 ( master/visa/discover/amex) it could aggregate as big money for them.

How long do credit card companies keep records? I had an ex boyfriend of mine steal a credit card from me and max it out. It was roughly 2 yrs ago.. How long do credit card companies keep itemized records? I misplaced my copy somehow.

Why do debit card companies want you to slide your debit as a credit card? I signed up for this chase extras promotion crap. And apparently, to gain points, I can only swipe my debit card as a credit, in order to get points. Why is this the case, and why do so many credit/debit companies encourage you to swipe your DEBIT card as a credit card and sign? Thanks, all answers are appreciated.

Do credit card companies track of exactly what you are purchasing? Do credit card companies track exactly what you are purchasing? Do they have specific details about what you purchase versus a general total and where something is purchased. For example when you use a credit card at the grocery do they know exactly what you purchase? I am not doing anything shady. I noticed recently on my online statement there were different codes for groceries versus a pharmacy purchase. It made me wonder how much they monitor what is actually being purchased! Thanks for any answers on this!

How do I negotiate with the credit card companies of the credit cards I have to lower the interest rate? I just read an article on yahoo finance that said that the credit card companies will negotiate your interest rates if you ask. I have no clue how to do this or what to say. Any help would be great! =)

How do you get credit card companies to stop sending apps? About 6 years ago, I called a number to stop credit card companies from sending me junk mail for 5 years. My 5 years is up, and I am getting so much mail. Does anyone know the phone number to call?

Do credit card companies send small business credit cards to people who do not own small businesses? Is it normal practice for credit card companies to send, pre-approved or not pre-approved, small business credit cards to people who do not own small businesses? Have you ever received one?

What are the best credit card companies? I'm only 20 and I have no credit at all. I don't even know how to begin to get credit because my mom never taught me these things I basically raised myself. Anyway..I'm trying to number 1, get a car and number 2, apply for a credit card. What are the best companies and what do you look for in their companies? Is the rate supposed to be high or low? Just explain to me the positives and negatives about a credit card and explain to me how to get it. How much usually is your monthly payment? I need all kind of details. First time learner here!

How do credit card companies or collection agencies get your cellular phone number? If a person is late paying a credit card bill , how do the companies get your cellualr phone number when you only gave them your home and work phone numbers when you first applied with them?

Will the credit card companies and collection agencies try to find me in Europe? I have a big credit card debt. I stopped making my payments in August. If I leave the USA and move to Europe will the credit card companies and collection agencies try to find me there? If they find me what will happen? Can they take away my car or other properties, garnish my wages?

where do credit card companies get your address from? I just got married and moved from my old address. I have changed my address with the DMV but is this enough so that credit card companies wont send offers to my old address? I have had my credit card stolen before so im a bit paranoid. If not where do i call to change my address so that nothing gets mailed to my old address?

What are some interesting offers that credit card companies are offering right now? I have been using a Discover Card for about 5 years now (It was the only one I could get at the time. I had good credit, but I never had a credit card before so this caused my to be in some sort of credit card paradox.) and I know that there are some cards that offer frequent flyer miles and other types of offers. Do you know of any credit card companies that are offering any interesting 'rewards' type programs? BTW, I pay the complete balance of my card every month.

How can I get Credit Card companies to settle for a lower total payoff than the total that I owe them?? I am looking to pay off a significant amount of debt in the near future but I don't think I will have enough to pay off everything completely. I have heard from other people that they were able to get the credit card companies to settle their debt for thousands less than the total they actually owed. I was wondering how or if there was actually a way to do this.

How in the world did some of the credit card companies come up with the universal default system? Just in case some of you dont know this means if you are late on ANY bill payment the credit card company can raise your intrest rate.Thats like an animal who is hunting,it find one thats good & healthy,then all of a sudden it becomes cripple & the other animal devoures him for a meal.Most of your credit card companies are owned by banks & the banks are dragging in more money.Why doesnt the pipsqueaks in Washington do something abt this?

Is there any organization fighting against the credit card companies? I know usury and extortion are supposed to be illegal, but are there any group sout there trying to stop the credit card companies in their tracks?

Is it possible to ask credit card companies to disclose data needed for research? Recently, I have had a ..not a million dollar.. but a 500 million dollar business idea that will do incredebly well and I am seriously thinking about putting it down on a paper and getting banks and institutions and small investors to get together and finance it. However, I need some data from credit card companies such as random spending habits on transportation, clothing, food and so on from a community of people. I intend to start small and then expand so I require data from credit card companies for the community I live in without any name or addresses or such.. just pure information so I could go ahead and make a realistic business plan and see how much I may require. I am wondering if if's possible to for Credit card companies to disclose of spending structure of people without disclosing thier identities for research, will I have to pay for it and where I should go?

What is your impression of credit card companies? What is your impression of credit card companies?

Can credit card companies sue you if you dont pay your bills? I heard that in Texas if you dont pay your credit card bills that the companies cant do anything to you, is that true?

settle with credit card companies to improve my credit? I am trying to settle with the credit card companies that I owe money to because I need to improve my credit quickly (I want to buy a house in under 2 years). If I do this, will it show that I still owe the remaining balance on my credit report? I settled with one over 2 months ago for about 60% of the amount owed. Now my credit report says that I still owe some money to this company. Is this how it works or should I dispute it?

Is there a Federal or State of California agency to report complaints against Credit Card companies? My credit card company (Capital One) has incorrectly charged me late fees. I have tried to discuss with them, but they are inflexible -- basically, it's "do what we say, or we'll ruin your credit". Is there a State (California) or Federal Agency that oversees credit cards companies and handles consumer complaints?

How do credit card companies collect outstanding debt from debtors? I mean can credit card companies go to the extent of auctioning/selling off debtors underwears, toothbrushes, combs and possibly one's shampoo and bathing soap to settle debts owed them if one doesn't have other properties they can sieze?

How are credit card companies visa, mastercard etc, affected by recessions? Are we entering a recession? and if so, how are credit card companies affected by them?

What credit card companies have the best customer service? Once I get rid of the others I have, I want to just keep one credit card on hand for security and/or neccesity. What's a good credit to have with a company that is not known for being terrible its customers? Thanks :)

Why do credit card companies charge such high fees when redeeming airline miles? Why do credit card companies charge such high fees when redeeming airline miles? Ticket might be normally $400 which is free by redeeming my miles, but then they want to charge say $200 for FEES that will cost me money in addition to redeeming my miles. Any way around this?

Has anyone ever heard anything about credit card companies writing off debt due to new laws? There are companies on the internet that say they can get credit card debt written off legally due to changes in the consumer credit act, apparenty an individuals credit rating would not be effected. This would not be part of any debt management problem, a fully solvert indidual would be able to do this, sounds like a con to me, anyone know anyhting about it?

Is there a successful way to help elderly parents communicate with credit card companies? Both of my parents are having trouble remembering to make payments on their credit cards as well as other issues where they could use my help. When I try to deal with the credit card companies myself, they are suspicious (rightly so, considering identity theft problems) and almost impossible to work with even when one of my parents is in the same room giving me any verification information needed. They are not considering canceling the cards. Has anyone helped their parents with their credit cards? What worked?

goodwill letters to old credit card companies in hopes of improving credit score? I was thinking about writing goodwill letters to CC companies that has impacted my credit score in a negative way. I was delinquent on these accounts and that's what has hurt my score. I'm not even sure if they would still have my information but i have my credit card number on my credit report. So before i go thru all the trouble in contacting these places, is it going to be worth it?

What is the basic percentage charged by Credit Card companies to process retail purchases.? This is for actual store owners/merchants. I am trying to get a better feel for what a good deal is for Credit Card transactions and with companies like PayPal and others offering the service for between 1.9% (over $1 mill) to 3% (0-$1000), I need to know if that is a good deal.

What do credit Card Companies do with spending figures? So do credit card companies compile the spending data of their card holders with there demographic data to produce reports that they share with different industry's (i.e. automotive, health care, retail)? or do they sell the data to companies/marketing organizations? or do they do nothing with the data?

Is there a way to stop credit card companies from sending you offers? I'm wondering if, like the "no-call" list to stop calls from telemarketers, if you can do something similar to stop credit card companies from sending you "pre-approved" card offers all the time.

How many trees do Credit Credit card companies kill each month to make the junk mail they send out? I heard that some big Credit Card companies send out almost 30 Million letters each month. Each letter has 2 pieces of paper, and a reply envelope (2 evelopes in total). So, I would love to know how many trees a company like this has to kill each months . . .

Are there any credit card companies that will let a 17 year old sign up for? Are there any credit card companies that will let a 17 year old sign up for? If you know of one please leave their website address below.

What can credit card companies take from you in the state of Idaho if they win a lawsuit against you? I got a credit card in 2004 with a credit limit of 200.00 The current amount due to interest is over 3,000. I do not have the money to pay this. Can the credit card company take a car if I am on the title? What can they take from me?

What gimmicks do credit cards companies use to try to get you to apply for their card? I need 3 or more gimmicks credit card companies use for a paper. Can you please help

Should credit card companies post a message about interest rate increases on their website? If you are a member of a certain credit card and use the online features, should they be obliged to tell you about the interest rates going up. I just received a letter in the mail saying about the interest rates going up, but I do not see anything about it on the website. And they want me to go paperless? Credit card companies are scamming us BIG!

Which credit card companies report available credit to the credits bureaus? I'm trying to increase my credit score. One of the negative factors on my credit report was the apparently small amount of available credit on my credits cards. My credit card company does not give out that information. What credit card companies will share this information with the credit bureaus.

How can we prevent Credit Card companies from sending my disabled sister cards??? My sister is mentally ill and has been for the last 30 years. She is functional and lives in an assisted living facility. She applys for credit cards and goes on spending sprees until the limit is reached. We pay them and tell her to stop using them. We have an attorney who now manages her money. She applies for more credit cards and they send them with higher spending limits because we continue to pay the bills. When we call the credit reporting agencies they make a note on the file however, my sister calls and tells them to remove it. Without my sister defaulting on payments, how can we prevent credit card companies from sending her cards?

Can credit card companies go bankrupcty? I'm writing a paper on credit card, and I was wondering, if credit card companies can go bankruptcy? And, where can I find details on it?

Should credit card companies and retail stores foot the bill on ID theft? The answers to ID theft are simple. I feel that credit card companies need to ID people they give credit to, stores need to ID people using credit cards, online stores need to call back the person using the card to verify user. Why should the credit card holder foot the bill when it is bad people out there using their numbers and rich minded credit card companies and stores willing to help steal from many? Stupid Americans we are to let this happen. Call your lazy Rep in congress for change. Or just go along with the crimes....

Can I ask credit card companies to reduce the amount I owe them if I can pay them in full? Effect my credit? I came into some money recently and would like to pay off my credit card debt. Can I negotiate with credit card companies to reduce the amount I owe them if I can pay in full? How will doing this, if they will, effect my credit? The balances are high, over $10,000.

Are credit bureaus in cahoots with credit card companies? It seems like the credit bureaus are just the hired muscle of credit card companies because: They give a better score for people who have a lot of open credit accounts and They make life miserable for those who fall behind on payments. Ok, I understand what the first few responses are saying. But isn't the fact that, in order to have a good credit score you have to have a lot of credit cards with open accounts kind of fishy? I mean, its like extortion: Get more credit cards or your interest rates will be higher.

If I pay less than the min. pmt each month, can credit card companies still sue to garnish my wages? I recently lost my job and cannot afford the minimum payments on my credit cards. Is there any legal action the credit card companies can take against me if I make a small payment each month? The payment would be much less than the required minimum payment.

I just wanted to ask you if Credit Card companies upgrade your cards if you stay with them for long? Amex rejected me. I guess 724 isn't a good score anymore to apply for better cards. Well, I had another question to ask you. I currently have a crappy Capitalone card. Will they give me a better card or will they keep me with the same one a few months down the line? It has a low credit limit, not many advantages really. I just wanted to ask you if CC companies upgrade your cards if you stay with them for long?

Do credit card companies require a merchant to sell a product to submit a charge? For example, do online cash advance companies just charge a credit card for cash, pay the transaction fee to the credit card company and charge their own fee to the customer; thus, a cash advance company would take no risk? Then, could a person create a site to do the same and just undercut the margins in this business?

How does rental car insurance offered by credit card companies (when you use the card) work? I have credit cards which say they cover me for rental car insurance when I use the card to make the full payment for the rental. How does that work? Are there any catches? Does it make sense for me to get the additional insurance from the rental agency (like Avis)? If I am in an accident, will the Credit Card insurance cover everything or will it also be charged to my regular car insurance company?

Should the credit card companies pay a windfall profits tax? With all this talk about taxing the huge profits of the oil companies, doesn't it seem fair to tax the credit card companies as well?....Keeping in mind that we need oil much more than legal loan sharking.