Posts Tagged ‘interest rate change’

What happens to my CC debt if my bank goes bankrupt?

I have a few thousand dollars in credit card debt with Citibank right now. I know the government is bailing them out left and right, but if Citi went bankrupt what would happen to my debt?
Would another bank buy it off them? If so would my interest rate change?
Would it stay with Citi? If so, could I just not pay it off?


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7 comments - What do you think?  Posted by Guest Author - May 28, 2010 at 3:45 pm

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