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To get out of owing money to credit card companies one can declare themselves bankrupt. To do this one must apply and bankruptcy court will decide and if successful one's debts are wiped. There are however a number of penalties so it is not something one should seek if possible.
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Who do I owe money to credit card or bank if I get a credit card?
You owe the money to the credit card company. Some credit card companies are part of banks or they allow their credit cards to be used through a bank, but they are specific entities in their own right.
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
Can credit card companies take money owed them from your company defined pension plan?
No.
What is credit card interest?
Credit Card Interest is basically the way credit card companies make money. They charge you interest for borrowing their money. But usually if you pay your bills on time and don't have any fees, they won't charge you any interest.
How can I receive guaranteed approval on a new credit card?
Guaranteed approval on a new credit card depends on the customer who is applying for the credit cards credit rating. Many credit card companies will lend you money with high interest rates if your credit is not good.
When to use owing to or due to?
Due to the fact I lost my job, I ended up owing money to the credit card company.
Who do I owe money to credit card or bank if I get a credit card?
You owe the money to the credit card company. Some credit card companies are part of banks or they allow their credit cards to be used through a bank, but they are specific entities in their own right.
How do credit card companies use a person's credit report...?
When a person applies for a car loan, mortgage or credit card, the lender determines if lending money to the consumer will be a risk. Credit scores are one way to help credit card companies make the decision to issue credit. To determine if that person should be given a loan or credit card (apex)
How much money does the credit card industry generate annually?
In 2003 the profits for credit card companies was estimated at 30 billion dollars.
Can credit card companies take money owed them from your company defined pension plan?
No.
What is credit card interest?
Credit Card Interest is basically the way credit card companies make money. They charge you interest for borrowing their money. But usually if you pay your bills on time and don't have any fees, they won't charge you any interest.
Where to get a credit card?
Banks and credit card companies i guess
How can I receive guaranteed approval on a new credit card?
Guaranteed approval on a new credit card depends on the customer who is applying for the credit cards credit rating. Many credit card companies will lend you money with high interest rates if your credit is not good.
How can someone obtain a British credit card?
Applying for a credit card is easy. Money is the name of website that lists many credit card companies that are willing to give credit cards to people in Britain. It isn't difficult to get a British credit card if the requester has good credit scores.
What are some of the 'major' credit card companies?
Some of the 'major' credit card companies are Visa, Mastercard, and American Express. These three are the three largest credit card companies in the world.
When you die can credit card companies put a judgment on my property?
...you...my...?When I die, your credit card companies have absolutely nothing to do with the situation.When I die my credit card companies will take whatever I owe them.
Can a credit card companies sue a person in a nursing home?
Do you think credit card companies care where someone lives, or how old they are, or how ill? I doubt it; it is all just business to them. If money was charged, then money is owed. If the money was not charged to this persons account, she needs a lawyer to protect herself.
