Do I need to pay a 2-year old $400 balance in my cc?
Date: Thu, 01/21/2021 - 17:26
Do I need to pay a 2-year old $400 balance in my cc?
I have found that I have some unpaid balance in one of my credit cards for long. It is about $400. However, the credit card company hasn't contacted me. What do I do? Will I pay it off? I haven't made any payment for past 2 years on that account. I stay in Louisville, Kentucky.
No. My suggestion is you
No. My suggestion is you should wait until you get an official letter from the credit card company.
Otherwise, it may be a waste of money from your side.
It will remain on your credit
It will remain on your credit report for another 5 years. Interest adds up and they could decide to sue you. Maybe call and ask for a settlement?
