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How long you've had an account- like a credit or cell phone accounthas nothing to do with determining your credit score. True or false?
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What is Salary bank account?
A salary bank account or a salary account as it is more commonly called, is nothing but a regular bank account but one in which your employer will credit your monthly salary/paycheck every month. If you have a salary account with a bank, banks usually provide you with additional facilities like 0 balance account, credit cards, overdraft facilities etc.
What is the difference between debit account and credit account?
There are two main differences that stand out between a Debit Account and a Credit Account, those are;A Debit Account always maintains a Debit Balance, meaning the account increases with a Debit to that account and decreases with a Credit to that account. These are generally Asset Accounts.A Credit Account is just the opposite, A Credit Account maintains a Credit Balance, meaning that the account increases with a Credit and decreases with a Debit, these accounts are usually used for Liabilities and Owners Equity (Stockholders Equity).
Does a Credit to a liability account increases or decreases?
It increases the credit account
What credit means that an account has been increased?
Any credit is an increase to an account. A debit is a decrease to the account.
How does a credit card account differ from a checking account?
A credit card account comes with a credit card, which can be used to authorize purchases of any value. The checking account does not come with a credit card and is used for issuing checks.
How do you remove the secondary cardholder from a credit account without affecting your credit history?
If both of you were on the initial credit application for the credit card, it can not be done unless you do a reapp to qualify for the account on your own. However, the other may choose to keep the card if they qualify. If you alert the credit card company that the other is nolonger involved, they may close your account because if the strength of the two credit scores was the determining factor in granting your credit limit, you do not qualify anymore.
How do you get a checking account with bad credit?
Credit scores have nothing to do with checking accounts. Unless you've had major overdraft issues with a previous checking account you will have no problems opening a new one.
How can I pay my account if I dont have a credit card?
You can't because you have nothing to swipe or store the money on
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.
What kind of account for credit cards?
A credit account
What is Salary bank account?
A salary bank account or a salary account as it is more commonly called, is nothing but a regular bank account but one in which your employer will credit your monthly salary/paycheck every month. If you have a salary account with a bank, banks usually provide you with additional facilities like 0 balance account, credit cards, overdraft facilities etc.
What is the difference between debit account and credit account?
There are two main differences that stand out between a Debit Account and a Credit Account, those are;A Debit Account always maintains a Debit Balance, meaning the account increases with a Debit to that account and decreases with a Credit to that account. These are generally Asset Accounts.A Credit Account is just the opposite, A Credit Account maintains a Credit Balance, meaning that the account increases with a Credit and decreases with a Debit, these accounts are usually used for Liabilities and Owners Equity (Stockholders Equity).
Does a Credit to a liability account increases or decreases?
It increases the credit account
When filing Ch 7 what do you do about a credit card a family member got you on her account?
Nothing, other than your obligation to repay the person. Credit card debt belongs to the person who has the account. Authorized users and second card holders are not liable for the debt other than to the account holder.
What do you do when your ex-wife took all the money from your joint bank account and put it on her own credit card?
I hate to break it to you, but if it was a joint account, there is absolutly nothing you can do about it. The best thing for you to do is to keep your money in an account that she does not have access to. I am sorry to hear that such a crappy thing has happened to you, but there really is nothing you can do about it.
What credit means that an account has been increased?
Any credit is an increase to an account. A debit is a decrease to the account.
What is a checking account at a credit union called?
what is a chekcing account at a credit union
