0
What else can I help you with?
What kind of credit do businesses get?
There are a few different types of credit you can get for your business. You can get vendor credit, which is different store accounts, and gas cards, etc. Then there is bank credit. In order to get bank credit you will need to have a pretty strong business credit score.
Can a bank close your credit card if you a behind in your mortgage but up to date on your credit card?
No, they are completely different accounts.
What is the statute of limitations of charge off accounts in Ohio?
4 years for store credit cards and 15 years for bank credit cards
If you bank with Bank A and file bankruptcy and have credit cards with Bank A should you move to a different bank?
It would depend on the banks policy. Some banks will freeze all accounts you hold with them, whether the have credit facilities or not, e.g. Savings accounts you hold for your children.
What is e credit accounts?
an arrangement in which a bank, store, etc., allows a customer to buy things with a credit card and pay for them later, In which the customer have to pay some money for the credit service.
What is the double entry for sale?
Cash/Bank/Accounts Receivable [Debit] Sales[Credit]
Do department store credit card accounts get reported to credit reporting agencies?
Yes! Of course they do! Store credit cards don't really come from the store. The money is usually borrowed from some bank. SEARS for example, deals with Citibank. So, if I owe $500.00 on my SEARS credit card, I have to pay it back to Citibank, not to the store.Only if the card has a credit bank logo example, Visa logo, Mastercard.
What are accounts payable entries?
[Debit] Accounts payable [Credit] Cash / bank
What banks offer merchant credit card accounts?
There are several banks that offer merchant credit card accounts. These banks include TD Bank, PNC Bank, Merchants Bank, Bluepay, and Bank of America.
What services do Valley Credit Union provide?
A credit union often offers most of the same services that a standard bank offers. Credit unions often offer loans for the purchase of homes, vehicles, and other items. They offer bank accounts, checking accounts, savings accounts and investment accounts.
How are business bank accounts different from personal bank accounts?
Business bank accounts tend to allow more withdrawals and have different rates of interest from personal banking accounts.
What is the difference between credit sales and accounts payable?
Credit sales referes to sales and accounts payable referes to bank
