There are reasons Citi will fast track debt collection efforts.
If your bank sees an unexpected purchase made in China, it will have good reason to temporarily bock your card.
The number youll need to call for a replacement is probably a different one.Have a debt of approximately 17k with Citibank Credit Card, 162 days past due.Did I inform my bank?Its not uncommon for the Chinese to carry up to 2,000 yuan in cash at all times.Someone might have installed a card skimmer in the machine.Where will I get money from?
Using your credit card in China is basically safe, although youll need to exercise at least the same levels of caution you would back home.
My question is: What does pre-litigation mean, and what can I expect next?
(See yuan to US dollar conversions below.) China is moving ideas for door prizes from magnetic-stripe technology to safer chip-enabled cards.
In such a scenario, see if you can get the clerk to process the transaction by hitting the Enter button at the point where youre required to enter the PIN.
Yuan also refers to the currency and both terms are used interchangeably by most.What you further outlined about Citibank withdrawing the hardship plan offer and that they are not willing to discuss debt settlement, gives me the impression that your account may well be set for fast track referral to an attorney debt collector.Some prepping can help you better know why Citibank might pull an earlier offer, and even when to take the most recent approved deal to settle.While major US banks offer money transfer services, they usually present less competitive exchange rates coupled with high transfer fees.If they do, can you come up with the roughly 283.33 every month like clock work for the next 60 months?Interest will start accruing from the day of the transaction, the APR will be higher than the one that applies on purchases and youll also need to pay a cash advance fee.None 0 annual fee for the first year (95 thereafter).74.74 variable 30,000 bonus miles after you use your new card to make 1,000 on purchases within the first 3 months.If you wanted to get Citi to accept a payment plan instead, even though they pulled the option off the table, you can still get on a payment plan.Check if youll need to pay foreign transaction fees.There are some key things I like to see people put in play prior to reaching the stage of pre charge off collection that you are.The Platinum Card from American Express.The counseling agency can often get you a lower interest rate and cut monthly credit card payments across all of your credit cards, rather than you struggling to get all or your credit card banks to agree to a plan, or only being able.You can exchange currency by visiting a bank or a currency exchange office, which youll find easily in bigger cities.They say making a payment of 500 will open up other options again, but I'm supposing it will just "reset the clock" so to speak, and I'll just be out the 5oo (which I probably can't afford anyway)!
Surcharge Businesses in China commonly add a surcharge to the total cost of a purchase when a customer pays with a credit card.