Question by Jonathan: How does a credit card “get their money back” if you dont pay the bills?
Say you go to a store like Sears and get a credit card with them. Over about 10 years, you buy quite a few things on it. You don’t pay the bills anymore.. what do they do? To they “Repossess” the stuff like a car?
Best answer:
Answer by TaxGurl
They can sue you for the unpaid balance. When they win, they can garnish your wages until the balance, interest, finance charges, and legal fees have been paid.
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