I have a $1200 TD Visa that hasn%26#039;t had a payment since October. I am currently in college with 2 months left, and I have been sent to collections agency for the amount. I received a phone call today from TD saying if I don%26#039;t repay the full amount by friday, my account will be closed, and along with it my $20000 line of credit (which is co-signed with my mother), can they do this?
Can a bank close my account for not paying my debt on my credit card?
Uh, yes... You owe them money, you%26#039;ve defaulted on your payments to them. It should come as no big shock that they wouldn%26#039;t want to do business with you if you%26#039;re a bad risk.
What did you think was going to happen?
Can a bank close my account for not paying my debt on my credit card?
they can freeze it, so you can%26#039;t have access to it until you pay, it happened to me.
Can a bank close my account for not paying my debt on my credit card?
Yes they can. You have no %26quot;right%26quot; to have an account there.
Can a bank close my account for not paying my debt on my credit card?
geeze...you and me both my friend you and me both...
i paid here and there but damn...i didnt pay for a couple months and they closed it tonight.
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