The number of people falling into the credit card debt trap on account of indiscriminate use is on the increase; this situation is the result of years of easy living on credit. With the debts rising, it is not surprising that individuals have started to realize the financial problem they have created by the constant [...]
Yes, a credit card company can sue you if you don’t pay your debt.
They can also stop doing business with you and they can also report you to one or all of the credit reporting agencies or credit bureaus.
You do have rights. Here is the direct link to the FTC:
http://www.ftc.gov/bcp/menus/consumer/credit.shtm
Make sure you are aware of [...]
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