Home
Public Forum
Credit Reports
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: mci calling card and phone bill


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by Bob on June 10, 2001 at 02:38:03:

In Reply to: mci calling card and phone bill posted by kathy on June 09, 2001 at 17:33:42:

That definitely sounds like an open account, since the terms are that you can charge up more debt each month (as long as you pay on time.)

A written contract would be a closed-ended deal, where you only borrowed at the beginning, and then paid in installments, with a specific final pay-off date.

Check out the statute of limitations for your state at the link below...




Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999, 2000 Enkephalos Design