Cash is an acceptable form of compensation to pay all debts, public or private, "legal tender". Credit is only an equivalent. Merchants charge higher prices for credit in order to defray some of the costs associated with accepting credit cards. A merchant (grocery store, shoe store, etc.) decides independently if they will accept credit cards as a form of payment for goods and services rendered. Once a merchant makes this decision, he/she must then pay a series of other businesses (equipment lease to swipe the credit cards, payment processor to coordinate the actual account debits and credits, etc.) a small amount for every transaction paid by credit card. Many merchants do not charge more to accept credit, as they consider it just another cost of business. Many merchants also do not charge more for credit card purchases because it is prohibited in their Merchant Agreement , and they could lose the entire ability to accept credit cards if they are caught doing it. Visa, however, does allow its merchants to offer a "cash discount" off the marked price, but not a credit premium, so the customer is never charged more than the marked price.
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
Debit Purchases Credit Cash
Credit cards are issued to customers of companies who offer lines of credit. The card can be used to make purchases or payments in stores and online. Debit cards on the other hand are issued by banks or prepaid debit card companies. They have the same role as a credit card allowing consumers to make payments or purchases in stores and online, but can also be used to withdrawal money from an ATM.
Free Credit Score and Experian are the two main companies that provide credit scores. However, beware of free trials with the companies. They are often difficult to cancel and could charge your credit card.
Yes. Many businesses, especially mail-order companies, will keep your credit card info to speed future purchases.
When different companies agree to charge the same price for products.
Businesses are free to add a surcharge for purchases made by credit or debit cards.
They can charge extra money for the credit and encourage consumers to spend more.
The answer is yes. Banks sell their chargeoffs at different points in the collection process. The same buyer may make multiple purchases from the same bank, however the bank may be selling different pools of loans to different buyers at the same time.
You can buy credit cards by applying for them on the websites of the various credit card companies. You can also get 'prepaid' credit cards from supermarkets. To use a credit card, you swipe it(for purchases in brick and mortar stores) or type in its specified number(for online purchases) to make a charge for whatever you are trying to purchase and then you must pay the card issuer for the charges later on.
The companies are Tran Union,Experian and Equifax.You can get your credit score for all three companies on the web.Some companies do charge a fee for their services.You can also send a request in the mail for r you credit scores for free once a year.
If you are looking for a credit card that gives you cash back on your purchases you should think about getting a Discover card. Depending on your credit score they give you different rates of cash back.
There are several different companies that offer instant credit reports online. Most of the credit reporting agencies are not free and will charge you. Try FreeCreditReport.com
Most of the Major Oil Companies offer Fuel Cards that gibe you rewards points for your purchases. Some of the Major Companies are Phillips 66 and Quick Trip. Most Major Credit Card Companies also offer Rewards for using their Credit Card for Gas Purchases.
There are legal limits to how much interest can be charged. Usury rates are different in each state, most credit card companies are smart enough not to break the law.
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
That would all depend on what you mean by credit purchases because a lot of the utilities are credit based as well. When people don't purchase electricity and water on credit. That leads to the companies having to charge a flat rate which could cause overpayment by a lot. Or in some cases underpayment for the amount used. The same applies to cell phones and other types of bills where you pay for it after you use it.