Credit and Debit Cards
Unemployment Benefits

Can you get a credit card being on unemployment insurance?

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2008-05-06 17:26:52
2008-05-06 17:26:52

== == NO. You are not in a position to pass the credit test for income.

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Credit insurance is a type of life insurance policy purchased by a borrower that pays off one or more existing debts in the event of a death, disability, or in rare cases, unemployment. Credit insurance is marketed most often as a credit card feature, with the monthly cost charging a low percentage of the card's unpaid balance.

No, there is no credit card that offers health insurance for anyone, anywhere. Credit cards do come with benefits but not health benefits or anything that has to do with health.

Credit card protection is a form of insurance which an individual can take out with an insurance company. If the individual becomes unable to pay off their credit card debt due to illness or redundancy for example, the insurance will cover the debt.

From my experience (being a cashier), you only see "unathorized card" if you try to run a credit only card (such as American Express) as a debit. I've seen a few unemployment cards display an "unathorized card" message whenever someone tried to run it as a "credit" instead of "debit". It could mean something else entirely, however, as MOST unemployment cards will run as credit, even though the rules say you MUST run it as debit.

You can prevent your credit card from being declined by paying your bill on time and not exceeding your credit limit.

No. It covers only loss of card.

Credit card insurance can be taken out to cover loss arising from unauthorised transactions if one's card should be lost or stolen. However, it is worth reading the terms of the policy carefully to ensure it actually offers things which one does not anyway get free when one takes out a credit card.

During events of emergencies such as car accidents, personal property damages or getting too sick, some credit card companies offer supplemental insurance for credit card. The case of being sick with unpaid credit cards will be handled accordingly with applicable laws.

There are several options for applying a credit card. One can find credit card applications at the bank, mail or internet. Credit card companies require a proof of income before being approved for credit.

When one is looking for a credit card, and that person has no prior credit history, the most important things to look for are low interest and high insurance.

If you are being sued by a credit card company can they take your house?

Insurance factory specializes in offering clients insurance if they are considered to be high risk. As with a finance company that offers clients who have bad credit a loan or credit card, insurance factories do this regarding insurance. www.insurancefactory.co.uk/quote.php

Generally, no, your credit score will not be reduced if a credit card that you own is not being used. You don't, however, want to cancel the card - cancelling a credit card (whether voluntary or forced by the issuer) does reduce your credit score.

That depends upon your insurance agent, but the chances are very good. Mine accepted a credit card. You should probably pay it before you get flooded, though.

A credit card is not a cheque guarantee card. A cheque guarantee card is no longer viable and is no longer being used due to scams.

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an egg card is a credit card that can be used at any location that that accepts credit cards it offers cash back. it offers fraud monitoring and insurance as well

Typically you cannot garnish unemployment, unless it is for spousal or child support.

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your regular car insurance should pay, check with them. Otherwise you must buy insurance.

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You should not avoid paying the minimum due in your credit card account. The credit card company does not care if you lost your job. What you need to do is to speak with a credit consolidation agency in your area. Ask around about their reputation. The credit consolidation company will make a deal with your credit card company.


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