Does a 'closed account' in yer credit report mean you don't have to pay it?

My report said that my account status is closed and the account has been terminated. does this mean I don%26#039;t have to pey it? Or do I need to reopen the account?

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

the company closed it so you couldn%26#039;t use it any more . you still have to pay it duh

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

If an account is closed it just means you have no credit on that account, if you still have a balance you have to pay it

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

it should mean that is has already been paid and taken care of.

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

I think it means the account is closed, it may still mean you have a balance outstanding though, best to check to be sure

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

A closed account means you can%26#039;t use it anymore. However, you may have outstanding balance and you must pay that sooner or later. More then likely, if your creditor close your account without your conscent it isn%26#039;t good.

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

If it%26#039;s closed by the company you still have to pay the balance. If you don%26#039;t it will show on your credit report where they sent your account to a collection agency and how long the amount has been outstanding which will really hurt your score. Call and make arrangements to pay the balance to zero in affordable payments.

Does a %26#039;closed account%26#039; in yer credit report mean you don%26#039;t have to pay it?

If there is a balance on the account, it should say so on the credit report.

Also, a %26quot;closed account%26quot; should also include who closed it. It doesn%26#039;t look good to have an account closed by by the creditor.