What happens to an outstanding credit when the company is shut down?
kmalip asked:
I use to have a nextcard and I’m trying to clean up my credit report. I tried calling the number but it won’t let me get past an automated system. I tried to find it online, but the website doesn’t exist anymore and the only thing I could find are federal litigations against the company. Needless to say the company no longer exists because they no longer have a bank associated with them as well as no financial backing. So what happens now? How do I get this off my credit report? Does anyone know?
STERLING
I use to have a nextcard and I’m trying to clean up my credit report. I tried calling the number but it won’t let me get past an automated system. I tried to find it online, but the website doesn’t exist anymore and the only thing I could find are federal litigations against the company. Needless to say the company no longer exists because they no longer have a bank associated with them as well as no financial backing. So what happens now? How do I get this off my credit report? Does anyone know?
STERLING