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How can you receive payments on your credit card from another person?
Wiki User
∙ 8y ago
The person can send the payment to the company with the payment notice. Be sure the account number is on the check, money order, whatever. The credit card co. doesn't care who pays, just as long as they get the money. This does not mean the person will be responsible for the account. The best option is for the person to pay the account holder and they pay by the regular process.
Wiki User
∙ 8y ago
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What companies use accounts receivable system?
Accounts receivables relates to credit customers. Sales on credit will go through receivables as well as any credit notes and payments for those sales. How_do_you_use_account_payble_and_receivableThese are basic accounts. Accounts Payable is used by one company to record the amount owed to it by another company or person. Accounts payable is a liability account. Say your company purchases.
Indicate the weaknesses in internal accounting control in the handling of collections?
When handling collections, a weakness in the internal accounting control occurs when payments are received in cash. When there is no separation between the person that opens the mail and the person that accounts for payments received, there can be the possibility of theft. In some businesses, it is stressed that the customers pay in check only. It is also possible that another person could open the mail and make a list of payments received. Then, another person can enter the transaction into the accounting files.
What trade debtors?
Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.
1. What are the available options to pay a txu bill?
"There are a few ways to pay your TXU bill. You can pay online, set up recurring payments with a credit card or checking account, or pay in person at different locations."
When might one receive a cash settlement?
A person may be in line to get a cash settlement when they have a large structured settlement owed to them. It could be winnings from a law suit, or will, or some other winnings. You can get what is the equivalent of an advance on those payments.
Does paying off another person mortgage payments help your credit?
No. Not if your name isn't on the loan.
What is an institution's evaluation of whether a person is suitable to receive credit called?
An institution's evaluation of whether a person is suitable to receive credit is called:credit rating
Will co signing hurt your credit score if the payments are made ontime?
Provided the payments are made on time, no this will not hurt your credit score. If the person you are co-signing for doesn't make the proper payments on time and you cover the payments so that they are in full and on time, your credit score will be fine. The only concern is if the payments aren't made on time or in full your credit score will be hurt as much as the person's for whom you are co-signing. In essence, co-signing a loan means you take responsibility for making sure the other person will make the proper payments on time and in full.
Can the person who used there credit card cancel your car insurance or is that only the policy holder that can do this?
The person who is the policyholder is the only one who can request a cancellation of the policy. If however, payments are being made monthly or quarterly to a credit card they can stop the payments and the policy will cancel for non-payment. You will receive a notice of cancellation and have the opportunity to change to a different form of payment to keep the policy in force.
Can a person be jailed for not making credit card payments?
No. They can't put you in jail.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
How can personal responsibility affect your credit report?
Creditors will often take into account how responsible a person is in making payments on their loans and credit cards.Making payments on time, keeping your credit utilization low and establishing a solid payment history are some actions that can have a positive impact on your score.
What is a high credit score rating?
A high credit score rating means someone is in good standing credit wise. They are prompt in payments and always pay payments in full. A good credit score is sought after by many people, because its a mark of a responsible person.
Do you loose you credit points if you had acredit card debt in collections?
Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.Of course. Your "credit" score will be lowered if you become a debtor who doesn't pay your debts. Your credit score is based on your behavior as a person who owes money. If you don't make your payments on time you are a poor credit risk.
If you add second person to credit card will it show up on their credit report?
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
How does car lease take over work?
A car lease takeover is when a person takes responsibility of payments on lease for another person. To execute a lease takeover, the new lessee must fill out a credit application and be approved.
Do you develop passive immunity when you receive antibodies from another person?
Yes, passive immunity is developed when you receive antibodies from another person.
