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How do credit card companies get paid?

Updated: 9/20/2023
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12y ago

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With the interest you pay on what you borrow.

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12y ago
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Q: How do credit card companies get paid?
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What credit card companies offer cards to people with no credit history?

My advice is to talk to your banker. Someone with a bad debt credit card should not have another credit card until they have paid off any debts before they further it. Companies will give you prepaid debit cards for people in this situation.


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What credit card companies offer cash advances?

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Where can one find reviews on Credit Card Companies?

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When you settle on a credit card bill how does it effect your credit rating?

Credit card bills affect the credit rating in that the late payments will show on the report and points will be counted against you. Once you have paid, make certain that the three credit reporting companies note that it has been paid; eventually the account will age and become a positive for you. This is since it will show available credit that you are not using.


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