Has anyone ever been imprisoned for not paying thier credit cards?

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Has anyone ever been imprisoned for not paying thier credit cards?

2007-04-17 21:24:55 · 2 answers · asked by streetball_06 1 in Business & Finance ➔ Credit

2 answers

NO - they cannot throw a person in jail for not paying their credit cards. (or have them arrested for not paying)

Threatening people with jail is a favorite tactic by collection agencies. Threats by a collection agency is illegal and if a person can prove it, that person can sue the collection agency for up to $1000.

2007-04-17 22:06:49 · answer #1 · answered by echo 7 · 0⤊ 1⤋

I know the credit card companies can charge you with theft by fraud and have you arrested but I don't know what the penalties are. Probably depends on the amount you owe.

2007-04-17 21:29:58 · answer #2 · answered by Alice K 7 · 0⤊ 2⤋