I got question about canceled accounts

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  • Question
  • Updated 11 months ago
Can Koodo charge a credit card that was used with a credit check for past due closed accounts?
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Posted 11 months ago

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Robert, Mobile Master

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Hello Tom,

I would be inclined to say no. Koodo can't charge you credit card without your consent. But that's only what I think.
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Allan, Mobile Master

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You still have to pay your final bill though, even if you do choose to cancel an account.
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It's illegal to use a credit card without the specific consent of the consumer.

But be aware that past due amounts are automatically reported to your credit bureau. The longer they drag, the more likely they are to bite you in the a** when you apply for something else in the future with any major store or supplier.