A creditor may report the last due account to a credit bureau.

A creditor may report the last due account to a credit bureau.

If a merchant account becomes adequately delinquent, the customer can be in standard and a creditor may charge the account off.

Dispute a debt (contest a debt also) Consumers whom try not to recognize a financial obligation or usually do not concur that they owe the actual quantity of financial obligation advertised may contest all or an element of the financial obligation verbally and/or on paper. Continue reading “A creditor may report the last due account to a credit bureau.”