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Go Back   Law Forums at Onlypunjab.com > BANKRUPTCY AND CONSUMER CREDIT > Personal Banking & Credit Cards

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Old 03-14-2007, 04:06 AM
Montana Montana is offline
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Join Date: Jul 2006
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Default closing CCs problem?

Hello people,
We have two credit cards with the same company and both are paid in full. We informed the company via phone to close the accounts and were also notified via USPS CRR mail. We have the RR back but they are now refusing to close these accounts. Is that illegal? What options we have?
Thank you.
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Old 03-14-2007, 07:15 AM
Ian Ian is offline
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Join Date: Apr 2006
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While closing a credit card account, they may keep it in limbo for awhile in case any other charges come in that you authorized. Check for any automated payments from that account, or subscriptions, memberships, or creditors that might draw from that account are discontinued or switched to a different account.
Don't expect closing the account to necessarily get you out of something you signed up for, but expect to be discontinued by just closing the credit card account. Make sure you specifically cancel anything that would charge to the account.
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