Want this question answered?
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.
It is balance transfer.
Zero interest credit card transfer balances allows a person to transfer the outstanding debt (as long as it is within the limit) to another credit card without incuring any new interest.
You can settle a credit card debt in a number of ways. You can pay by cash over the counter at your local branch, you can settle the bill by wire transfer or internet transfer, or you can write a check.
none. how does putting your spouse in your debt help their score?
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.
It is balance transfer.
Zero interest credit card transfer balances allows a person to transfer the outstanding debt (as long as it is within the limit) to another credit card without incuring any new interest.
You can settle a credit card debt in a number of ways. You can pay by cash over the counter at your local branch, you can settle the bill by wire transfer or internet transfer, or you can write a check.
none. how does putting your spouse in your debt help their score?
No, However it may be possible to pay off your debt with a credit card.
Actually, the answer is the credit card holder is responsible for the debt if single, otherwise the spouse may be responsible for a partners debts. If it was made while they were married, otherwise, the bank can't collect the debt.
Doing a balance transfer on a credit card can have a number of benefits. One of the most popular reasons is to diversify one's debt to make it more manageable.
Transfer the maximum amount that the balance transfer card allows, and then perhaps consider applying for another balance transfer card so that you can transfer the remaining debt there. Since the card is recorded on your credit profile, you might as well use it instead of leaving it unused.
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Yes. You've moved the debt from one account to another, so the first account would recognize the transfer as a payment and the second account would treat it as a new debt.