Is it possible to get rid of a contract by canceling your credit card?
I almost did it once with personal training services at my gym, but then I got fired from my job and therefore had a legitimate reason to cancel it. But I'm still curious as to what would have happened if I had changed my credit card number.
Asked By: LEOcab '89 - 7/26/2010
Best Answer - Chosen by Asker
If you cancel the card, they will attempt to debit the payment from it which will be declined. Then they will attempt to collect payment from you and eventually send you to collections, ect... More
Answered By: mallicoatdd - 7/26/2010
Additional Answers (4)
It will stop them from taking payments for sure...but it will not void out the contract.
Answered By: CatDad - 7/26/2010
Seems you have no understanding of how either contracts or credit cards work. A contract is legally enforceable. You can be sued for breach of contract. It is not possible to "change" a credit card number. If you enter an incorrect credit card number, the transaction will be declined
Answered By: JIM - 7/26/2010
You would still be required to make the payments if you are under a contract. That is like getting a service contract with a cell phone company and then canceling your card. They will still bill you and possibly take you to collections.
Answered By: Keith - 7/26/2010
they will bill you directly. The balance will probably come due immediately. read the contract you signed. It doesn't go away just because the funding source isn't available.
Answered By: timothy p - 7/26/2010
Start Your Own Home Based Business As a Matco Tools Distributor
$47/hour Part-Time Job Openings. Requirements: Must Have Computer.
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Work At Home Jobs Make $87/HR, Jobs Seen On TV. Jobs Hiring Now
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.