![]() ![]() If a customer fails to collect an Inter Library Loan they will be charged the fees that apply. If the library service is unable to obtain a copy of the requested item the standard Inter Library Loan charge will be refunded. Payments for Inter Library Loan requests will not be refunded if the customer cancels it. If something unusual does show up, you can investigate immediately.Īre there other seemingly harmless things that have hurt your credit? Share them here.Cash and card payments can only be refunded within three months of the transaction. Get your free annual credit reports and use a tool like 's free Credit Report Card to monitor your credit scores. Of course you won't know that these kinds of everyday incidents have affected your credit unless you stay on top of it. Even if you plan to pay for your rental with a debit card, you may want to reserve it with a credit card to avoid this, especially if you travel often and rent cars frequently. A few rental car companies will check your credit if you use a debit card to reserve your car. There's another way that renting a car can hurt your credit: inquiries. Otherwise, while the insurance agencies and the rental car company argue over who pays for what, you may find you're stuck with bills that have been sent to collections. Instead, it is a warning to make sure you get adequate coverage from whatever sources you piece together: your credit card coverage, your personal auto insurance, and/or the coverage you are offered when you rent the vehicle. This isn't an advertisement for rental car coverage, which is often pricey. All I had to do was fill out some simple paperwork, turn in my keys and the matter was closed. After hitting me, she pulled to the side of the road, but sped off as soon as I pulled over.įortunately, I had purchased collision damage coverage from the rental agency. If you close a credit card, go through a year's worth of statements to make sure there aren't any recurring charges that you need to switch over to a new payment method as well.Īnother true story: While I was driving a rental car back to the airport in Austin, Texas, a few years ago, a driver rear-ended me on the highway. When you close an account of any kind, pay careful attention to make sure you receive and pay any final bill that may remain. Fortunately the bank worked with me to clear it up (and get it removed from my credit record) but not before my credit scores took a nosedive. Seems there was a $50 annual fee on that line of credit that was assessed after my account was closed, and went unpaid. Over a year later, I was notified by a collection agency of a debt from my bank. However, the teller neglected to tell me that I needed to separately close the overdraft line of credit associated with my checking account. When I moved from Virginia to Florida a number of years ago, I closed out my bank account. While that's true, here I am talking about the fact that when you close an account you may inadvertently set yourself up for trouble down the road.Īgain, I speak from experience. I am not talking here about the fact that closing a credit card can impact your credit score. So you'll no longer have your stuff, but instead have a constant reminder on your credit reports that you maybe should have held a garage sale instead of putting your things in storage. Instead, any remaining balance will be turned over to a collection agency. The owner of the facility isn't typically obligated to accept whatever your stuff is worth as payment in full. But that doesn't mean you are off the hook. What happens if you decide you no longer can afford the fees for your storage unit? Similar to what you see on A&E's "Storage Wars" (though probably a lot less exciting), the contents of your unit will likely be auctioned off. There are approximately 48,500 "primary" self storage facilities in the United States as of year-end 2012, according to the Self Storage Industry Association. Even worse, it can remain on your credit report for up to seven years plus 180 days from the date the bill was due to the original creditor, which means it can affect your credit scores for years to come. A collection account can lower your credit score by 25, 50 or even 100 points or more when it shows up on your credit report. ![]()
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