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Do customers who hold Circuit City-branded CREDIT CARDS need to pay off their balances immediately? Can they just stop making payments now that Circuit City is in liquidation?

April 26, 2017balances circuit credit cards customers hold immediately pay

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Do customers who hold Circuit City-branded CREDIT CARDS need to pay off their balances immediately? Can they just stop making payments now that Circuit City is in liquidation?

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• Circuit City’s credit card program is administered by Chase and customers will continue their credit relationship and repayment of their obligations with Chase. • Customers should continue to follow the current payment terms /APR that they’re currently operating under. • Unfortunately, we will no longer be able to accept payments towards your Chase account balance in our stores.