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What else can I help you with?
How credit card affect the society?
when credit card is not good
How can you be in credit on a credit card?
You can be in credit on a credit card by making payments that exceed the amount you have spent, resulting in a positive balance on your card.
Are primary card holders credit affected by adding a user?
A Primary card holder's credit will not be impacted by adding an authorized user.
How does paying by credit card affect your other credit cards?
Generally, paying by credit card does not impact your other credit cards UNLESS you are attempting to get a credit line increase on one of those other credit cards. When you use your credit card, depending on the timing of credit bureau reporting, your credit score may be negatively impacted if you have a balance (whether paid off in full each month or not) that is equal or greater than 30% of the card's credit line. In this case, the score may have been impacted enough where the other credit card company may not grant a credit limit increase.
Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
How do credit cards work in todays society?
A credit card is used to as a form of currency in today's society. The credit card can be used to make purchases, pay bills and even help restore a person's credit score.
What is an authorized user on a credit card and how does it impact the primary cardholder's credit score?
An authorized user on a credit card is someone who is allowed to use the card but is not responsible for paying the bill. The primary cardholder's credit score can be impacted by the authorized user's credit behavior, both positively and negatively, depending on how the card is managed.
What society had a debit and credit card system?
Post industrial
What happens if you transfer money from your checking account to your credit card?
When you transfer money from your checking account to your credit card, you make a credit card payment. If you do not have a balance owed on your credit card, then you will have credit or a positive balance on your card.
How does having an Amazon credit card affect my credit score?
Having an Amazon credit card can affect your credit score in both positive and negative ways. If you use the card responsibly by making on-time payments and keeping your balance low, it can help build a positive credit history and improve your credit score. However, if you miss payments or carry a high balance, it can have a negative impact on your credit score.
What credit rating is required to obtain a Chase Secured Credit Card?
Anyone with a credit score can obtain a Chase Secured Credit Card. However, this type of credit card is mainly designed for people that have less than perfect credit ratings and need help in obtaining positive credit history.
What are opinions about Freedom Financial Credit Card?
There are negative and positive opinions about Freedom Financial Credit Card. The best way to find out about the card is to do a consumer search, and also ask people who have used the card.
