Sure they can. Inactive means it hasn't been used for a while, but it is still a valid account.
Several websites offer services where a company can accept credit card payments for free. The Site Wizard is one site that will guide one on how to accept credit card payments on their website.
Usually, once a company charges off a debt, they will send the unsavory transaction to the credit bureaus, lowering one's credit score. Even if that individual pays the charge-off, the damage is done insomuch as the lender rarely sends an updated message indicating that the debt was paid. If you paid the charge-off, you may dispute the transaction line (by having a note added to the line that states that the debt was paid on a particular date), however, you DID allow the debt to get charged off, so that line will only go away after seven (7) years.
Typically the point of sale terminal will ask for the pin number. If the user has the pin number, the charge will be handled as a debit charge instead of a credit charge. (It's a little cheaper for the merchant; it will make no difference to the card holder.) If the card does not allow debit transactions or the user does not have the pin, the transaction will be declined.
Each place that you use a credit card has agreed with the issuing company, say Visa for instance, that they will will allow them to "borrow" money from you. It is all done electronically through a central banking system.
One of the best ways to help get business credit is by building your business credit profile. To do so, it is important to get your company's D&B D-U-N-S® Number, which is accessible to all businesses for free, and tax identification number (EIN), which is issued by the IRS. These identification numbers are often required on loan applications and allow you to build business credit separate from personal credit.
Whether or not you can charge the credit card percentage to a customer depends on a number of issues. First does your agreement with the card company allow it. Second does the law allow it. And, how difficult would it be for you and the operation of your business. Can your cash register calculate the amount automatically?
There are many websites that will allow you to check your credit. Most websites charge you to check your credit regardless, but a few will allow you to do it for free. One such website is freecreditcheck.com.
vanquis is basicly a credit card company that will give you a credit card regardless of your credit score. you will be able to get a credit card and will allow you to get a better credit score
Finding one's company credit report can be done by purchasing it from a business credit bureau. Dun and Bradstreet as well as Experian offer subscription services to allow for the access to one's own company credit report at any time.
Absolutely not. Anyone offering to charge more than the ordinary price for accepting a credit card should be reported to the credit company immediately. On the other hand, offering a "cash discount" is not considered the same thing, as it is no longer the "ordinary price", and it is the merchant who pays the difference (in lost profit).
This depends on your credit card company. Some companies will simply refuse your charges if they will put you over the limit. Others will allow the charge and then fine you for going over the limit. Of course, no company allows chages for hundreds of dollars over the limit but if you have a good record some will allow you to go 5-50 dollars over the limit but it is important to remember that if you do you will pay a fee.
No, N.C. law does not allow wage garnishment when it pertains to credit card debt.
It depends on what company you are with. Most company's allow you to renew your insurance online. And can pay it by credit card.
Is there a new SC law on credit cards, that says that you cannnot charge anything under $10.00 with a merchant? The Woodhill Mall Post Office said that there was and would not allow a charge under $10
In the United States, some states allow a discount for cash if a person does not use a credit card, other states do not.
Several websites offer services where a company can accept credit card payments for free. The Site Wizard is one site that will guide one on how to accept credit card payments on their website.
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.