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Do I need to pay a 2-year old $400 balance in my cc?

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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 should wait until you get an official letter from the credit card company.

Otherwise, it may be a waste of money from your side.

Sub: #1 posted on Fri, 01/22/2021 - 05:12

Ryan Miller Ryan Miller

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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?

Sub: #2 posted on Fri, 01/22/2021 - 14:21

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