How can you make a credit card company add to account notes closed by the customer?
The way I done it was call them & tell them you LOST your card & you want a NEW one with a NEW NUMBER when you get it you have to call them to activate it so just don't call & BURN the card Frank
How can you make the credit card company reopen an account and remove 'closed by credit grantor' from your credit report?
You can't MAKE a credit card company reopen an account. You can call the credit bureau and request that they change the status to indicate that is was closed by you and not the credit grantor. Or, you can simply put a notation in your credit report stating that the account was closed by you and not the card company.
When you close an amazon account does your credit card info get closed aswell or dods the company keep all of this info?
Accounts Receivable is an account that holds what a person or company owes your business. For example you sold a computer to a customer on credit, this credit is listed in an Accounts Receivable and is an asset. Asset accounts maintain a Debit Balance, meaning that a debit to the account will increase the account (in other words increase the amount the customer owes the company). A credit to the account will decrease the balance…
What does it mean when your credit report states that you have a paid closed collection account on you credit report?
Yes, you can request your issuing credit card company or bank to reopen your credit card that you closed. I did that with one of my credit cards. However, make sure that you had a good record on that particular closed account and that you check if all the balances have been paid before you closed the account in order not to ruin your credit history.
What is the appropriate classification of customers accounts with credit balances in a balance sheet?
If a customers account has a "credit" balance, this means the company owes that customer rather than the customer owing the company. Customer accounts tend to have a debit balance, meaning the customer owes the company that amount. It is rare when a company owes a customer, if this does happen, the account becomes a liability instead of an asset because of the fact that now the company owes money rather than is "owed" money.
Does it hurt your credit if a credit card company closes your acouunt because you aren't using the credit card?
What legal actions can you take if a company that sent your account to a collection agency even though you paid in full and closed it 8 months ago?
What bank finance salute credit card and if they are no longer financing their credit cards My account was closed and a manager from customer service at Salute told me this.?
What are the legal requirements for a credit card company to send you a check for a credit balance as a result of overpaying your credit card bill?
The closing process seeks to reduce the balance of each account that needs to be closed to zero; therefore, the closing entry must reverse whatever balance the account already has. This means that any (temporary) account that normally has a credit balance will be closed by posting a debit (and vice-versa). Revenue is an example of an account that must be closed with a debit, since it is normally a credit account.
Credit customer means that this customer has a credit term with the company. Credit term means that the customer can pay at a later date. Illustrations: Alice is your credit customer, she has credit term of 60 days. Alice bought stuff from you on 1st Jan, she can then pay you on 60 days after 1st Jan, which is 28th February.
Usually, they contact the cc company. Negotiate a lower rate. You pay the settlement company directly instead of the cc company. The effect varies depending on the cc company and the credit report company. It may say that the account is in some type of deliquency despite the fact that you are paying it off. It may just say the account is closed and show your balance (which still lowers your score because it increases…
How do you get a credit card 'Closed' on your Credit Report for a company which is out of business to reduce your available outstanding credit?
A credit card company act as a 'liaison' between the customer and the business. The customer presents their credit card to the retailer - and the card company pays the retailer for the goods the customer has purchased. The card company charges the customer interest each month on the outstanding balance - in payment for the convenience of being able to make (often expensive) purchases, without having to h=cary large amount of cash.
In order to accept credit card payments from your business, you would need to open a merchant account with a credit card acceptance company. The merchant account will provide you with a solution for taking credit card payments as well as settling those transactions so that the money that you are owed can be taken from the customer and deposited into your business account. For more information on taking cards as a form of payment…
No, if you close your credit card, a merchant will not be able to charge the account. When the merchant attempts to get an authorization, it will come back declined. Now, if a merchant received an authorization before the card account was closed, the authorization will be honored. A merchant may attempt to force a credit card transaction without an authorization, but the credit card company will not pay it. http://paymenttransactionsystems.com http://merchantpos.net
If it's over 30 days late in the credit card payment due to lost statement and credit card company waives the late fee and charges will this affect the credit report?
The credit report does not include late payments unless you are over 60 days, and it is really generally up to the credit card company to write it in. Most credit reports i have read are: account holder, when opened, when closed, who closed the account (you or them) how much was granted, how much was borrowed, how much you still owed. The monthly payments are usually in some check-like form where you can barely…
If your account has been "settled", then by definition, you do not owe them anything, therefore there is nothing for them to bill you for. If they keep sending you a monthly "bill" so to speak, it is probably merely a statement (this is an indication that even though you have paid them off, your account is still "open"...i.e., you are free to continue using the credit card if you want to), and it should…