Posted on: 24th Aug, 2010 05:46 pm
what happens to your current credt cards if you go into foreclosure.does the bank cancel them automatically or you can conti nue to use them.
Hi ortiz,
I don't think a bank will cancel credit cards because your property went into foreclosure. However, the credit card limits might be reduced by the bank after a foreclosure takes place.
Thanks
I don't think a bank will cancel credit cards because your property went into foreclosure. However, the credit card limits might be reduced by the bank after a foreclosure takes place.
Thanks