"How Often Do Credit Card Companies Sue For Non Payment"

Credit card companies typically sue for non-payment after attempts to collect payment have failed. The frequency of lawsuits varies, but some credit card companies sue hundreds or even thousands of debtors every year.

Most credit card companies have in-house collections departments that make numerous attempts to collect a debt before resorting to litigation. When those efforts fail, the account is generally sold to a third-party collection agency. The collection agency will then attempt to collect the debt and may also file suit.

The decision to file suit is usually based on a number of factors, including the amount of the debt, the debtor's ability to pay, and the likelihood that the debtor will respond to a lawsuit. In many cases, suing for non-payment is simply not worth the time and expense for the credit card company or collection agency.

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