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yes Yes. And the longer you go without paying, the more money they charge you. So you'll be stuck in debt.
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∙ 15y ago
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Do you pay on debt with credit cards?
no you go into a deeper debt with credit cards. creadit cards are not money. you BORROW the money and they want it back really quick.
How do you get business credit cards with bad credit?
If you don't need to borrow money but need the credit card for buying things online you could get one of the prepay cards. You load money onto it and then you can use it like a credit card for purchasing. There are also secured credit card options for those who have credit issues
Which of these is one way that credit cands differ from debit cands?
Credit cards allow you to borrow money from the card issuer. A debit card requires you deposit money with the card issuer, and the money is then deducted at the time of the transaction from the amount deposited.
I am a corporate secretary and the company that i work gave me a credit card and told me i can use it now they want their money back?
Credit cards borrow money, so if you've used the card, then you owe the company that money back.
What is credit is a pecuniary contract?
credit as a pecuniary contract means the credit is always expressed in terms of money. when you buy goods on credit from a retail store or borrow money from a bank or any financing institution, it is understood that such obligation shall be paid in money.
Where can someone with a poor credit history apply for a credit card?
You can get a "secured" credit card from many banks which are different from normal credit cards as you have to load on an amount of money and this is all that can be spend. You can get them even with a bad credit rating, but are not able to borrow money on them. Proper credit cards for people with bad credit history include Aqua, Aquis, Barclaycard, Capital One, and Luma.
What is the definition of plastic money?
Credit cards.
Can loans be giving even if in debt?
Adults use their credit cards to borrow money from the bank like Visa. You can only use debit if you want to buy something accurate at a store, you cannot borrow money from the bank therefore it is a debit card.
What does a company need to do to borrow money?
Capital or credit.
Are credit cards considered to be money?
Although many people treat them as such, no, credit cards are not considered to be money.
how can i get free money to pay off my credit cards?
how can it get free money to pay off my credit cards
Is good credit required to get a quitclaim deed transfer?
You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.
