overdraft/lines of credit
Date: Thu, 02/11/2010 - 08:05
When you stop paying your credit cards and it starts hitting the credit report can your bank that holds your checking accounts close off your overdrafts or lines of credit? Is there a way they find out that you don't pay credit cards even if you continue to pay on your overdrafts on time? (sorry moderators I posted this I thought here but it showed up in another forum..meant for it to be here)
Mine has not closed my line of credit. I stopped paying credit
Mine has not closed my line of credit. I stopped paying credit cards 6 months ago. They probably will not know unless you apply to them for new loan.