What is the name of your state? I'm in FL now but I used to be in CT when I opened this account. I have been in FL for about a month now but my mailing address was changed with them in February.
I received my credit card statement from First Consumers National Bank and noticed that I had a zero available credit eventhough I should have available credit. I called the credit card company and the automated machine said that I needed to write to them for any inquiries. I used to be able to speak with someone but not any longer. I decided to call another credit card company to see what was going on and they said that I should contact the BBB. So when I spoke to them they were aware of a problem with the national banks and said that I should call the comptroller's office. I called them and this is where I was told that they were out of business. I asked the man what to do now but he said that that was up to me.
So here is my question- do I have to continue to pay this account off or since they are out of business is there some statute that I can get out of it?
I went through my credit card statements and noticed now that my available credit has been zero "none" since the closing date of March 2003. I just sent in another payment to them. I went through bankruptcy in 1995 and I have now established my credit and I am waiting for the 10 years to be up so I can buy a house. So I don't want to mess up my credit at this point. But I figured maybe someone here knew of some statute that I might be able to inform the CRA's about so that I would not have to pay off the credit card company (wishfull thinking I guess but it doesn't hurt to try).
I received my credit card statement from First Consumers National Bank and noticed that I had a zero available credit eventhough I should have available credit. I called the credit card company and the automated machine said that I needed to write to them for any inquiries. I used to be able to speak with someone but not any longer. I decided to call another credit card company to see what was going on and they said that I should contact the BBB. So when I spoke to them they were aware of a problem with the national banks and said that I should call the comptroller's office. I called them and this is where I was told that they were out of business. I asked the man what to do now but he said that that was up to me.
So here is my question- do I have to continue to pay this account off or since they are out of business is there some statute that I can get out of it?
I went through my credit card statements and noticed now that my available credit has been zero "none" since the closing date of March 2003. I just sent in another payment to them. I went through bankruptcy in 1995 and I have now established my credit and I am waiting for the 10 years to be up so I can buy a house. So I don't want to mess up my credit at this point. But I figured maybe someone here knew of some statute that I might be able to inform the CRA's about so that I would not have to pay off the credit card company (wishfull thinking I guess but it doesn't hurt to try).