Suppose you have a card/debit card and there are monthly subscription services billed on it (no contract saying you must pay monthly for x years or anything). Just the kind where you basically are paying on a monthly basis for a service and you cancel anytime.
What happens when you cancel the credit card/debit card account? My common sense is trying to tell me they would just realize they can't get money out of the credit card number and just cancel/suspend the account, but are there adverse effects to doing this (affecting credit scores, etc)?|||Better call them and tell them to cancel the service or give them an alternative form of payment. It will mess up your credit.|||They suspend your account, but you could get fees or get sent to collection. That is bad. Avoid collections.
Best to set up something else.
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