Credit card companies in general

**martinwhite** · 9th March 2006 22:48

Hi,

Is this a risky track to take with a credit card company when you have an outstanding balance with them currently? I have several cards, all with balances, and I'm contemplating "having a go".

Could they close the account and insist on immediate payment? And is this legal? Any protection for "in the public interest icon

" as it would be a retaliation (by them) for looking into an unlawful act on their part?

Cheers,

M

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**BankFodder** · 9th March 2006 22:52

Check your t&Cs but yes I think that they can close you down at any time and might indeed do so.

**martinwhite** · 9th March 2006 23:42

Might be best to hold off on them for a bit then!!!

**laurawilliams** · 10th March 2006 19:43

bankfodder - im in a similar situation. i owe money on my credit cards but want to claim charges back. when you said they might close the account, would this mean that they would ask for a full payment? cos i cant obviously afford it or it would be paid off already!

**BankFodder** · 10th March 2006 19:46

Yes it could mean that.
Can you start your own thread please.

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Credit card companies in general