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This company sent me a payment plan/credit card offer, On one of my debt the deal was
Pay a certain amount upfront 100.00 and they will discount 92.00 and leave me with a balance of 120.00
I just got the credit card today through Montgomery Bank....
I have a small Credit Limit of 150.00 with the 120.00 Balance, I will pay this down before I as the utilization rate is high on this card..
But the point is they followed through..
So i have another trade line on my CR without having to go through the application and credit pull
What happens to the account after you pay the balance in full ?
Let me reask the question since I did not make myselt clear. After you pay off the balance in full does the credit card remian open?
@AndySoCal wrote:Let me reask the question since I did not make myselt clear. After you pay off the balance in full does the credit card remian open?
Yes the card stays open, it is a bonified credit card