Tag: collected
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Can a 7-year-old credit card debt still be collected?
It can be tough to get rid of a seven-year-old credit card debt. Sean Russell/Getty Images With credit card debt climbing nationwide, many cardholders have found themselves struggling to meet their monthly payment obligations. Right now, the average cardholder owes nearly $8,000 in credit card debt and the financial stress of carrying a balance that high…
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Can a 10-year-old credit card debt still be collected?
You could still be on the hook for a 10-year-old credit card debt, but that won’t be true in all cases. Getty Images Credit card debt is becoming an increasing concern across the nation. Not only is the total amount of credit card debt rising, but nearly 9% of cardholders are now struggling to keep…