.jpg)
A well-managed credit card is helpful because you can serve to finance your up to 50 days without paying interest. On the other hand, their misuse can cause serious problems in your finances.
If you have more than one card and you are to the top of debts, perhaps it's time for you to analyze the cancellation of some of them.
The Law of Transparency for Financial Services Ordinance provides that it is your right to cancel, when you want, consumer credit at their disposal, as is the case of credit cards
To do this you must follow certain steps:
covers the total amount of debt
If you are absolutely determined to cancel your plastic you go to your bank branch with your last statement and request the amount of your debt (consumption, commissions and interest) to pay in full. By doing so you must give proof that there is no debt. This step is very important, your account must be zero, without any charge for or against.
seeks the annulment
By letter ask your institution bank account cancellation. The letter must contain the request, your full name and card number. Included with her a copy of the total payment that you were given in the previous step. Both documents must surrender them to an account manager who will accuse you of receipt.
Cancellation Request your folio
When submitting your documentation, the executive you must provide a folio or cancellation number. This should indicate the number of the account was canceled and the holder. The folio is the confirmation by the institution that the card has been canceled.
how to cancel if the holder dies?
Each bank applies different conditions for the cancellation of a credit card holder dies and coverage the amount of debt. The most common way how the debt is canceled by insurance institutions that have hired and covers the balance of the account debtor if the holder dies. Through this, are covered against customer balances existing at the time of his death.
Another way is through the forgiveness of the debt of the credit line. In either case, the debts that are covered are only those made to the time of death of the holder. Which means you are not required to pay amounts of debts after death made by additional cardholders.
worth mentioning that the law stipulates that persons to whom the holder of a revolving credit facility has authorized the use of additional cards in any case be required caring or subsidiary thereof. But if additional cardholder continue using them, after his death the cardholder, the issuer may be charged for transactions you made.
To cancel a credit card holder's death must be filed no later than 180 calendar days from the date of death of the client:
* Copy certified death certificate
* Identification of the deceased officer
* id official who introduced the cancellation
* death Written notification containing the name and the account holder credit card.
0 comments:
Post a Comment