howlong will someone be in a blacklist of an credit card because he/she didn't pay the billing until his/her credit card is blocked..
2007-03-08 09:14:21 · 4 answers · asked by belajarterus 1 in Business & Finance ➔ Credit
"Some" (but not all) credit companies, card underwriters, banks and credit unions "do" blacklist.
Some blacklist for bankruptcy and some for charge offs.
With some, once blacklisted - always blacklisted.
With others once your credit is clean, with no major negatives they may remove you from the blacklist.
Some may blacklist for their major cards, but approve a person for their co-branded store cards.
2007-03-08 09:48:38 · answer #1 · answered by echo 7 · 0⤊ 0⤋
There is no such thing as a blacklist on credit cards. Not paying your bill will result in the card being blocked from use and a negative mark on your credit report. Too many negative marks on your credit will keep you from getting any new credit. Negative items on your credit may remain up to 7 years.
2007-03-08 09:27:48 · answer #2 · answered by Brian G 6 · 0⤊ 0⤋
If you are asking how long a specific credit card issuer will refuse you credit for not paying your bill to them, the answer is: FOREVER. If you are referring to some sort of industry wide 'blacklist', I agree with those who say there isn't one.
2007-03-08 12:04:51 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
No such animal. Credit histories remain open for seven years, then are cleared.
2007-03-08 09:22:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋