Not everyone uses credit cards all the time, and some have “in reserve”. At the same time, this could have unpleasant consequences, Semyon Yankevich, Deputy Dean of the HSE Law School, told socialbites.ca.
“The credit card is a useful financial tool. The main thing is to use it wisely, like any other service of financial institutions. If you have a credit card and have not activated it, there is nothing to fear. In fact, it is just plastic and does not impose any financial burden on its owner, ”the expert emphasized.
If the card is activated, you should carefully read the terms of use. This information can be obtained from the bank’s official website by contacting the call center operators or from the branch.
“Usually a loan agreement implies that the bank charges a service fee even if the card is not used. Also, other paid services can be connected by default. Plus penalties and fines for the resulting debt. And a few months later, in the mailbox a person finds a letter from the bailiff service demanding to repay the debt, ”Yankevich said.
If such a situation has occurred, it is almost impossible to dispute such claims.
“By signing a contract with the bank, you accept the terms of use of the credit card. From a legal point of view, it is futile to refer to forgetfulness. Most likely, the debt will have to be extinguished. After that, it is imperative to get a certificate that the lender has no financial claims against you. And do not forget to close the credit card, ”advised the lawyer.
Formerly socialbites.ca Wrote more than half of credit card holders barely use it.