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It depends. Generally speaking, you can't just call a credit card company and ask them to reduce your balance (more correctly, you can call and ask, but they won't normally do it). However, if you get very far behind in your payments, some credit card companies will make arrangements to lower your balance and some won't.
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Can you transfer a spouse's credit balance to credit card?
Yes, you can transfer any balance you want to your credit card. Note if you transfer the balance to your credit card, you are now liable for the full debt and not him unless he is an authorized user on the credit card.
What does chase balance transfer stand for?
A balance transfer is the transfer of balance in an account or a credit card to another account.It also refers to transfer of outstanding balance from one credit card to another credit card.
What is outstandanding balance in a credit card?
The outstanding balance is very simply the amount of debt that you have charged on the credit card. You owe that amount to the credit card company.
What is balance transfer credit card?
A balance transfer credit card is offered when a business lets you transfer the balance from your old credit card to a new credit card with little to no cost. It's often much cheaper than getting a new credit card from a large or expensive business.
What is the best credit card for balance transfer?
There are many good credit cards for balance transfer. For example, Visa credit card provides a good balance transfer service. American Express credit card does too.
What does it mean to transfer credit card balance?
To transfer a credit card balance means to use the available credit on one credit card to pay off the balance of another credit card. This is often done by credit card holders to pay back a balance at a lower rate.
What is the balance on your new credit card?
There is no one balance on a credit card, they are all different.
Can you transfer a spouse's credit balance to credit card?
Yes, you can transfer any balance you want to your credit card. Note if you transfer the balance to your credit card, you are now liable for the full debt and not him unless he is an authorized user on the credit card.
How do you write a credit card interest reduction letter?
what information do I need to list on a letter to ask for a interest rate reduction for a credit card?
What does chase balance transfer stand for?
A balance transfer is the transfer of balance in an account or a credit card to another account.It also refers to transfer of outstanding balance from one credit card to another credit card.
What is outstandanding balance in a credit card?
The outstanding balance is very simply the amount of debt that you have charged on the credit card. You owe that amount to the credit card company.
What is balance transfer credit card?
A balance transfer credit card is offered when a business lets you transfer the balance from your old credit card to a new credit card with little to no cost. It's often much cheaper than getting a new credit card from a large or expensive business.
What is the best credit card for balance transfer?
There are many good credit cards for balance transfer. For example, Visa credit card provides a good balance transfer service. American Express credit card does too.
Can you call your credit card company and pay off the balance by giving them the number for another credit card and charging the balance onto that card?
No, they have to offer you the balance transfer.
Can you pay your credit card bill by another credit card?
Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.
Can you cancel your credit card?
One may always cancel their credit card, however, if one has a balance outstanding, one is STILL RESPONSIBLE FOR PAYING. From a credit reporting standpoint, it is never good to cancel a credit card because the number of open accounts is reduced and the relative credit usage is reduced (both resulting, generally, in a reduction of credit score).
When might someone see 'credit card 0 balance transfer' on their statement?
'Credit Card 0 Balance Transfer' would appear on your credit card statement if your credit card is paid off in full. This means that you do not have to transfer any money from your bank account to pay off your credit card balance.
