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Posted: Fri Nov 02, 2007 6:50 pm Subject: Can Check N Go do this....
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I'm about to default on a Check N Go installment loan next week and i'm worried about a credit card I have. My loan is actually issued by the First Bank of Delaware of course. And I also have a credit card issued by the same bank. The credit card is in good standing and has really helped my credit. I'm wondering if delaware will cancel or worse yet, charge my card if/when I default on this loan.
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cturner
Joined: 31 Oct 2007
Posts: 53
Debtcc Points: 1819
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Posted: Fri Nov 02, 2007 6:52 pm Subject:
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i can almost bet they will not bother your credit card. i have a bankcard that i defaulted on that is the same bank as my mortgage company and never had a problem.
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granny
Joined: 07 Sep 2007
Posts: 449
Debtcc Points: 8189
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Posted: Fri Nov 02, 2007 7:13 pm Subject:
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i am almost sure that they will not do anything to your credit card.
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kashzan
Debt Samaritan

Joined: 11 Jul 2007
Posts: 5458
Debtcc Points: 38911
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Posted: Fri Nov 02, 2007 7:21 pm Subject:
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good. thanks
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cturner
Joined: 31 Oct 2007
Posts: 53
Debtcc Points: 1819
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Posted: Mon Nov 05, 2007 3:40 am Subject:
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I am pretty sure they won't do anything with your credit card. Try not to worry
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tlmjcj
Joined: 03 Nov 2007
Posts: 84
Debtcc Points: 2010
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Posted: Mon Nov 05, 2007 8:02 am Subject:
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They may raise the interest rate - A lot of credit cards nowdays will raise the interest rate if you default on another card, and since this loan is with the same bank, there is a chance that the rate will be raised.
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goudah2424
Moderator

Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111673
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Posted: Wed Nov 07, 2007 4:29 pm Subject:
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Raising my interest rate is the one thing I don't have to worry about. It's already as high as Ohio law allows.
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cturner
Joined: 31 Oct 2007
Posts: 53
Debtcc Points: 1819
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