topic Re: Closed Comenity accounts with balance? in General Credit Topics

Closed Comenity accounts with balance?

Anonymous — Sun, 11 Nov 2018 19:34:06 GMT

Hello, I’m new here.

I have to bank cards with Comenity Bank Express amount owed $180.00 and Victoria Secret amount owed $700.00. These accounts were closed in January 2017.

My question is should I keep paying it off ? Or leave these accounts alone?

Re: Closed Comenity accounts with balance?

Indycoltsfan — Sun, 11 Nov 2018 19:40:26 GMT

Yes, you owe the money. If you don't pay, it will adversely impact your credit even more. I would rather have a paid as agreed with some late hits than a charged off account.

Re: Closed Comenity accounts with balance?

AverageJoesCredit — Sun, 11 Nov 2018 20:24:03 GMT

Yes, just because they were closed doesnt absolve you of your responsibilty to pay back money you charged up.

Re: Closed Comenity accounts with balance?

Jnbmom — Sun, 11 Nov 2018 20:44:57 GMT

Ummmmm you owe it so you need to pay it. Why do think you think you shouldn't pay it?

Re: Closed Comenity accounts with balance?

HeavenOhio — Mon, 12 Nov 2018 00:39:55 GMT

Welcome @Anonymous.

Are these accounts in collection? Or would you be paying Comenity directly? If they haven't been sold to collection agencies, definitlely pay. That might help keep things between you and Comenity.

If these accounts are in collection, hold off paying until you have solid advice on how to approach it.