Yes. If the card is a debit card then you are spending your own money. If it is a Credit Card then you spending the credit card companies money and you can quickly forget how you can repay that money back to the credit card company with interest
One can no longer apply for an Egg money credit card. The company was sold to Barclaycard in early 2011. One can apply for a Barclaycard credit card at the company website.
Its a fee the credit card company charges you yearly for using their money
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.
the credit card company sends people to get their money i would want to pay them.
Only if you have authorized them to do so.
A debit card takes money directly from your account. A credit card takes the money from the credit card company, and the credit card company will bill you in monthly installments until you pay them back (plus interest). A debit card is like paying in cash, without actually having the cash on you. A credit card is similar to taking a small loan.
they will take your money and repossess your belongings
A credit card is when you are loaned money by the card company and are able to use it before hand; after which you have to pay them back. A debit card on the other hand is a card with your money on it and you use it as you wish but once the card has no money left, you have to put more money on it before you can use it again.
Credit cards borrow money, so if you've used the card, then you owe the company that money back.
With a debit card you can only use money that you put in a bank and with a credit card you are using the money from the credit card company which can lead to bankruptcy if you are not careful.
Any individual savings account can be garnished against defrauding a credit card company. Retirement money from corporate plans can not. Defrauding a credit card company is serious business and they will do everything they can to recoup the stolen funds. If the credit card company can prove you attempted to use the cards to put that money into the IRA they can prosecute for fraud and theft.
They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?
You have 60 days to file a dispute with the credit card company. Call the company who owes you money and tell them they have 48 hours to refund your money or you will do a "chargeback." Companies hate that word because it is like a bounced check, they get charged a $25 fee (varies from state to state). If they do not refund your money, call your credit card company and tell them you want to dispute a charge on your credit account.
The difference between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number. A credit card company lends the person money and charges interest.
This depends on the company that one has their credit card with. The company that one has a credit card through usually has a program that will track where one is spending the most money.
My guess is that company was a collection agency? Never give anyone your bank info, or credit card info. If the company was a legitimate company you were doing business with and you did not authorize payment dispute the charge with your credit card company.
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
Money is an instant payment - once you've paid for something in currency - it's yours. A credit card is essentially a contract between you, the card company and the retailer. The card company pays the retailer on your behalf, and they recover the money from you - usually with interest added for the convenience.
No they cannot
No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.
i think the password of you account. like if you have a credit card(ADCB,ADIB,NBID) any card. the credit card company also have a website which allows you to see your money in the credit card maybe not sure.
Notify them that the credit card was stolen to the credit card company and dispute all the charges on the credit card. You would also have to file a police report if the credit card was stolen. The credit card company must investigate the charges.
Your credit card will be withdrawn, your ability to get a credit card from another company will be reduced, your credit rating may suffer, legal procedings may be commenced to recover and money you owe.
If a credit card company offers you a period of time when you do not need to repay your liability, then, when you to start repaying your monthly costs will be more. You certainly will not save money. Speak to the citizens advice bureau or speak again to the credit card company.