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crgcarroll
Lv 5
crgcarroll asked in Business & FinanceCredit · 6 years ago

if cabelas closed my credit card account, should i still pay the balance?

8 Answers

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  • Anonymous
    4 years ago

    Cabelas Account

    Source(s): https://shrinke.im/bahQI
  • Dan B
    Lv 7
    6 years ago

    Yes, you still owe the balance; you must pay or face the consequences of a collection agency, further damage to your credit and possibility of a court order garnishing your wages.

  • StephenWeinstein
    Lv 7
    6 years ago

    Yes

  • Jake
    Lv 7
    6 years ago

    If you don't pay if off they may pass on the debt to an aggressive collection agency that may continue to add on interest charges and also damage your credit rating.

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  • Jeff T
    Lv 6
    6 years ago

    Yes.

    You borrowed the money from them, you should repay it.

    Closing it means they won't allow you to borrow any more, but doesn't change the fact that you still owe them for the old debt.

  • Donald B
    Lv 7
    6 years ago

    Yes, it will go to collections and ruin your credit if you do not.

  • Courtenay
    6 years ago

    Yes, unless you want to end up in collections which in turns hurts your credit score.

  • Anonymous
    6 years ago

    nah, just put in on your chapt 7 or chapt 13

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