quick question please...

Discussion in 'Credit Talk' started by flyinbyu, Nov 19, 2004.

  1. flyinbyu

    flyinbyu Member

    I have heard repeatedly that a creditor has to, by law, accept a minimum of 10 dollars a month payment. Is this true? Does anyone know what law it is? Thanks in advance,
    Jeff
     
  2. TradeWiz50

    TradeWiz50 Well-Known Member

    What is your source for such a claim?
     
  3. Butch

    Butch Well-Known Member

    No Jeff. It's not true.

    However, if you did send $10 a mo. your OC would look pretty silly taking you to court wouldn't they?

    "Your Honor, I'm TRYING"!


    Yes.

    :)
     
  4. flyinbyu

    flyinbyu Member

    Thanks a lot Butch. I appreciate the answer.
     
  5. flyinbyu

    flyinbyu Member

    Re: Re: quick question please...


    Not...really..important. But my source is just random people that I've heard say it.
     

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