September 18th, 2008 by Questions
1) I bank at Company X. I do nothing but have a bank account there. If I have a credit card at Company ABC and I stop making payments on my credit card, are they able to take money out of Company X account?
2) I have been trying to make the min payments for some time, but am only paying the interest- no principle. If I stop paying the interest- thus not making my min monthly payments- what happens right away? After 1 month? After 2 months? Can they go to my place of work and garnish my wages? How long would that take after I stop making my payments?
Posted from: New Brunswick