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Identifying an effective way to clear credit card debt is critical if debt repayments are rising at an unsustainable rate. It depends on your debt amount. However, if you can apply some necessary actions to pay your debt fast, that would be much better. Here are some ways you can do:
You can clear a credit card debt by paying extrra each month. Paying the 2% minimum won't help in-terms of clearing credit card debt. It may surprise people to discover that, if just the minimum payment is made, it will take upwards of 40 years to completely pay off the balance. When savings are available, use them to reduce credit card debt.
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Can you cosign multiple loans?
yes, as long as your credit is good enough for the respective loans.
Is Supplier's credit or Buyer's credit closely associated with long-term loans?
yes
Apply for a credit card to start your credit?
Lenders like to see a mix of Fixed term and Variable term accounts on your report. A credit card is a good start as long as you only use around 33% max of your limit but lenders also like to see unsecured loans from banks that are being paid on time.
How do you get instant approval for credit cards?
There is no such instant approval on cards or loans. Its just an advertisement by banks to attract customers and get maximum applications. You can only get credit card if your score is 750 and above. Also, if you are first time credit card user would advise you to apply in your salary account bank as you may have a long relationship with them and they can view your profile basis on your past transactions.
After you have spent your credit limit and then automatically repaid it does the credit card company raise your credit level again or is the card essentially defunct?
This question isn't very clear. As I understand the question-as long as the credit company doesn't tell you it is closing the acct, the acct. is open. Also, the cc comp doesn't have to raise your level. So to answer your question, neither.
Do you need to have a certain credit store to get a personal loan from your bank?
No, as long as you have some form of credit line and your credit is good, you should have no problem getting a loan. Credit sources can be from any major credit card, store credit card or even paying back your student loans.
Can you cosign multiple loans?
yes, as long as your credit is good enough for the respective loans.
Does Bank of America do payday loans?
Bank of America will do a cash advance with your Bank of America credit card. Direct Deposit and Check Cash Advances from Bank of America essentially transfer funds from your Bank of America credit credit into your Bank of America bank account. There is no limit, as long as it does not exceed your total credit limit on your credit card.
Is Supplier's credit or Buyer's credit closely associated with long-term loans?
yes
How long does a credit card company have to sue you for unpaid credit card debt?
as long as it remains a part of your credit report, 7 years.
Where is a credit card card number?
Embossed on the face of a credit card and is normally sixteen digits long in length.
Apply for a credit card to start your credit?
Lenders like to see a mix of Fixed term and Variable term accounts on your report. A credit card is a good start as long as you only use around 33% max of your limit but lenders also like to see unsecured loans from banks that are being paid on time.
Can you help me to understand my corporate credit card credit score?
Your credit score is like your reputation: It takes a long time to build up, but just one mistake can knock it down. A late credit card payment, for example, can cost you several points. And now, when a mere 20 points can make the difference between the best rates on car loans and mortgages
Is the credit card number the same as the account number?
No, The credit card number is the long string of numbers embossed on the card. The account number is not shown on the credit card - it will be on your statements.
How long do i have to have a credit card before i get a credit score?
6 months
How can you determine your Mastercard number?
To determine your credit card number you have to look on the back of the card and the number will be imprinted. Your credit card number can be as long as 10 to 12 digits long.
How long is a credit card number?
A credit card number is usually 16 digits long. American Express uses a 15 digit number.
