Want this question answered?
No mortgage company directly accepts credit card payment, only debit cards. Historically, you could only use your cash advance checks to pay your monthly mortgage bill with a credit card. However, just launched this year, two companies are allowing direct payment.
The rate and amount you pay depends on the terms of the credit you use. For instance, if you get a mortgage to buy a house, the interest rate might be 4% a year. For every $100 of the unpaid balance you pay the mortgage company $4. However, a credit card might have an interest rate of 21%. For every $100 that you owe to credit card company, you will pay $21- every year- plus the $100 that you owed.
Have pristine credit. The better your credit history is, the lower your mortgage rate will be. The worst things you can do to your credit, in the eyes of a mortgage company: 1) Not pay your bills. This is absolutely the worst thing. 2) Not use credit at all. If you never use credit, the mortgage company can't determine how you act when you do. 3) Not carry a balance. If you get a credit card, make small purchases and always pay them in full at the end of the month, mortgage companies consider that not using credit. 4) Having way too much available credit. If you have many credit cards, the mortgage company will assume you might actually use all that credit. If you DO use it all, you won't be able to pay your house payment.
You can pay your credit card bill by check through the mail, use your bank accounts bill pay system to pay electronically or use a debit card to pay by phone or on the credit card companies website.
When you over pay a credit card, you have then a "credit balance." This means, in essense, the credit card company owes you money. You can either have them send you a check to pay off the difference, or the credit balance will be eliminated when/if you use your card again.
No mortgage company directly accepts credit card payment, only debit cards. Historically, you could only use your cash advance checks to pay your monthly mortgage bill with a credit card. However, just launched this year, two companies are allowing direct payment.
The rate and amount you pay depends on the terms of the credit you use. For instance, if you get a mortgage to buy a house, the interest rate might be 4% a year. For every $100 of the unpaid balance you pay the mortgage company $4. However, a credit card might have an interest rate of 21%. For every $100 that you owe to credit card company, you will pay $21- every year- plus the $100 that you owed.
Have pristine credit. The better your credit history is, the lower your mortgage rate will be. The worst things you can do to your credit, in the eyes of a mortgage company: 1) Not pay your bills. This is absolutely the worst thing. 2) Not use credit at all. If you never use credit, the mortgage company can't determine how you act when you do. 3) Not carry a balance. If you get a credit card, make small purchases and always pay them in full at the end of the month, mortgage companies consider that not using credit. 4) Having way too much available credit. If you have many credit cards, the mortgage company will assume you might actually use all that credit. If you DO use it all, you won't be able to pay your house payment.
NO! you donot need to use your credit card
You can use PayPal to purchase online but not for credit card payments. You can't use "credit" to pay "credit".
You can pay your credit card bill by check through the mail, use your bank accounts bill pay system to pay electronically or use a debit card to pay by phone or on the credit card companies website.
yes you can pay
No. You have to use a credit or debit card or pay cash inside.
No
When you over pay a credit card, you have then a "credit balance." This means, in essense, the credit card company owes you money. You can either have them send you a check to pay off the difference, or the credit balance will be eliminated when/if you use your card again.
A debit card removes money from your account the moment you use it. A credit card is a promise by you to pay the bill when it comes in the mail. Simply put: Debit Card - pay now. Credit card - pay later.
A medical credit card is used like a credit card. If a person cannot afford to pay for a procedure directly out of pocket, they can use a special medical credit card to help pay for the procedure.