Can you settle credit card debt with Citibank?

The consensus with Citi customers is that you need to let your credit card debt go unpaid for at least 120 days before they will consider settling. So while it is always risky to not pay a bill for that long, it may work in your favor over the long term.

What collection agency does Citibank use?

Citi uses all three major credit bureaus: Equifax, Experian, and TransUnion. Citi tends to use at least two of the three credit bureaus when it reviews credit card applications, according to reports from cardholders. People who applied over the past two years also suggest that Citi pulls from Experian most frequently.

Will Citibank sue me for credit card debt?

Citibank has a skilled legal team that goes after consumers that do not pay their debt. When you default on credit card debt, the result is typically a lawsuit. This can become extreme and allow them to garnish your wages or even take money directly from your bank account.

How do I speak to Citibank customer care?

24×7 CITIPHONE With CitiPhone, every telephone is like a Citibank Branch, enabling you to do business with us at your convenience. Use +91 22 4955 2484 for calling us from outside of India. *Operational between 9 AM – 7 PM (Monday – Saturday) except on national holidays.

Can I take my Citi to court?

Citibank is taking you to court to recover the debt, and if you do not respond or show up they will receive a default judgment. The Citibank judgment enables them to garnish your wages or even your bank account. Ignore a summons at your peril.

Can Citibank garnish my wages?

Citibank is taking you to court to recover the debt, and if you do not respond or show up they will receive a default judgment. The Citibank judgment enables them to garnish your wages or even your bank account.

What happens if Citibank sues you?

If you have been sued then you will be served with a copy of the complaint against you as well as the court summons. You can settle the debt and this happens out of court. In some cases, you may need to respond directly or go through bankruptcy court.