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When you freeze your credit cards do you pay interest rate still?
Wiki User
∙ 12y ago
freeze? do you mean stop using and cut up a card? yes
if the government freezes your assets, i dont believe so
Wiki User
∙ 12y ago
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Why is it people with poor credit scores can still get credit cards?
Because high interest is a bonus for the credit card business.
How can banks offer interest free credit cards?
Banks can offer interest free credit cards because the Federal Reserve Bank has kept interest rates so low. However, many of these credit cards still have annual fees, late payment fees, and higher rates if you become delinquent and others. Some of these are also only for limited periods.
Can credit cards still charge interest after credit debt has been paid offbefoe due date?
Yes they can. They charge you from the time they last charged you interest until its paid off.
Are prepaid credit cards worth all the interest?
There is no interest on a prepaid credit card. With a prepaid card it is like having cash. You have an amount on your card (for example $500) and you purchase an item for $30 you would then still have a credit of $470 on your card. This can be topped up when the funds run low.
Am I still allowed credit cards after bankruptcy?
Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.
If there is no assets who's responsible for credit card debt?
If a person dies and owes money on credit cards, the person who issued the credit cards loses. The merchant still gets his money. (The credit card companies make money by charging merchants a small fee on each transaction. They make interest. They lose money on deadbeats and deaths.)
Are Sub Prime Credit Cards legal?
Sub Prime cards are legal and legit, although not a good idea unless an absolute emergency. These cards carry very heavy fees and offer extremely low credit lines. The fees can be as much as 25% of the cards credit limit regardless of usage amount and there is no limit on these cards' interest rate. If, after considering these facts of the cards, it is still desirable for you to consider this as an option one company who does offer Sub Prime cards is First Premier.
Where can a person with bad credit obtain credit cards?
A person with bad credit can still obtain credit cards in some cases. However, they'll have to settle for secured cards from companies like Capital One and Bank of America.
If you have a credit report what would be listed on it?
all your credit cards,home address and previous address,card you canceled and still have and how many years you had you credit cards and ect.
I've never missed a car or house payment in many years can I still get a low interest car loan now with wrecked credit from credit cards?
Unlikely. Your FICO score will be lower because of late payments on your credit cards. Your credit report will show that so anyone considering giving you credit for a car loan will likely see you as a risk. What you can do is fix the bad marks on your credit first and there is a way to do that with a small monthly fee over a period of 3-12 months. Once your credit is "restored" then you can apply for a low interest car loan.
Can you apply for another credit card if you already have one?
yes you can i have done it recently to do a balance transfer and i still use both credit cards yes you can i have done it recently to do a balance transfer and i still use both credit cards
What business has the number 805-408-4276?
It's one of those robodialers about lowering interest rates. I tell them I have no credit cards. They still call. Advise you to register with do not call registry
