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If someone opens up a new loan account or line of credit how long will it take for that new account to show up on their credit report?
Wiki User
∙ 8y ago
30 to 90 days
Wiki User
∙ 8y ago
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What is the purpose of a merchant account in terms of credit card usage?
The purpose of a merchant account in credit card usage is that if one opens a business and accepts credit card payment online, one has to have a merchant account.
Does it hurt your credit if you cancel the card after it opens?
Yes, it will have a negative affect on a credit report, usually temporary perhaps 90 days.
If the husband owns the credit card and adds his wife to the card and he opens another credit account against that credit card does that affect her credit score?
If the husband adds the wife as a "joint" it will show on her credit report but will most likely not be counted against her if she tried to apply for a loan. If the husband adds the wife as an "authorized user" it will not even show on her credit report because she has no legal obligation to pay the credit card bills, but she has the right to use the card.
What if an ex start using name with out permission or if she opens any account's in your last name can you be held liable?
If she opens an account with her first and your last name, you would not be liable. If she opens an account with your first and last name, you may be liable, especially if she uses your SS#. If you have reason to believe this has happened, contact the bank and report the fraud.
What is the penalty if your mother opens up a department store account in your name without your knowledge?
It is unlawful for someone else to use your name AND YOUR lawful identification (like your Social Security Number) to conduct financial transactions. That is FRAUD. Are you a minor or an adult? If she is using your identification YOU could find YOUR credit rating and ability to get credit extended to you damaged beyond repair. Despite the fact athat she is your mother, you NEED to protect yourself and etiher have her close the account or tell her that you will report her to the store management.
What is a credit card balance A?
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
What exactly are balance transfer offers?
A credit card balance transfer is when someone opens a new credit card account to pay off an old one. The debt plus the interest is then owed to the new credit card company, who most times provides a grace period where a smaller amount of interest is charged on the transferred balance.
When a customer opens a bank account the bank essentially becomes a?
depository
A customer who opens a savings account at a bank in turn becomes a?
a lender
Someone opens a bottle of vinegar the scent fills the room what is this an example of?
someone opens a bottle of vinegar . the scent fills the kitchen .this an example of?
What are the release dates for The Jack Benny Program - 1950 Dennis Opens a Bank Account - 15.25?
The Jack Benny Program - 1950 Dennis Opens a Bank Account - 15.25 was released on: USA: 26 March 1965
Who's at fault if someone opens their car door in traffic and the door is hit?
The person that opens the door is at fault
