Friday, November 6, 2009

Are you issued a new account number when a credit card company charges off your debt?

Are you issued a new account number when a credit card company charges off your debt or is this a way of someone trying to attach a debt to you which you in fact do not owe?

Are you issued a new account number when a credit card company charges off your debt?
yeah no if they charge off your debt that means um how do i sum this up no more credit from them they have shut your account down they have finally realized that they are not gonna get a dime from you so no new account number for you with that company sorry but its the truth.
Reply:Usually, a company will only charge off a debt if you owe them money and do not pay. At that point, they will close your account. You will probably not be able to get credit from them for a very long time.
Reply:If you do not owe the debt, then dispute it. If it is owed, then it stays on your credit report for 7 years. It may also cause your car insurance to go up because of the default.
Reply:If they are charging off unpaid debt, they have canceled the account and you ain't gettin' a new one from them.

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