I mean they are worth billions and they want to sue me for $600? gimme a break!
2007-01-02 06:38:13 · 11 answers · asked by AL IS ON VACATION AND HAS NO PIC 5 in Business & Finance ➔ Credit
They threaten to sue but usually dont because they are going after people that owe larger amounts such as more than $25,000.00
2007-01-02 10:13:48 · answer #1 · answered by ►►BLOGGER◄◄ 5 · 0⤊ 0⤋
You may think its only $600, but multiply that by the THOUSANDS who don't pay, and that adds up to millions that the company is owed. They have lawyers that are on their staff, so it doesn't cost them that much more to sue you, and having a charge off or a judgment against you on your credit can cost you thousands over the next 7-10 years in higher interest or not being able to get credit at all. Even cell phone companies will turn you down if you have this on your credit report. If you feel its only $600 then pay it before they sue!!
2007-01-02 06:44:11 · answer #2 · answered by BMW BFD 5 · 1⤊ 0⤋
They don't. Are you really getting sued or just threatened? If they are threatening to sue, they won't. It's not worth it to them.
However, please pay your bills as it affects all of us when someone stiffs a credit card company for what is owed.
2007-01-02 06:40:42 · answer #3 · answered by kja63 7 · 1⤊ 0⤋
Ummmm? Because you owe them money ?
It's people like you who make companies go out of business. If you loan someone money, wouldn't you want your money back too? Get a clue.
2007-01-02 14:17:28 · answer #4 · answered by vsweety 5 · 0⤊ 0⤋
You took their money. It doesn't matter how much money they have. They agreed to let you BORROW their money. Your part in that agreement was to pay it back. They are just making you stand by your word.
2007-01-02 06:44:00 · answer #5 · answered by Question Addict 5 · 1⤊ 0⤋
Because you borrowed their money to pay for things you bought.So pay them.
2007-01-02 06:40:39 · answer #6 · answered by Mary O 6 · 1⤊ 0⤋
It is part of the process of writing off dead beats.
2007-01-02 06:47:48 · answer #7 · answered by norsmen 5 · 0⤊ 1⤋
you signed the card, if you don't pay up, all you do is accrue interest, every month... 600.00 is nothing... try having 20k or more owed!!
2007-01-02 06:40:23 · answer #8 · answered by momof3 5 · 0⤊ 1⤋
They already pay their attorneys to pursue anyone and everyone, so why not you?
2007-01-02 06:46:06 · answer #9 · answered by Sheila 6 · 0⤊ 1⤋
thats why they are worth billions, because they dont let anyone screw them, no matter how small
2007-01-02 06:40:24 · answer #10 · answered by david d 3 · 1⤊ 2⤋