interst and principal for 1 year interst and principal for 1 year YES U WILL HAVE A PROBLEM. YOU MUST CLEAR ALL YOUR DEBT. YOU WILL BE ARRESTED ON ARRIVAL.
pay the balance,if any,and cut that bad boy up -> YOU CAN CLOSE IT WITHOUT PAYING THE BALANCE (CONTINUE TO PAY SO AS NOT TO DAMAGE YOUR CREDIT)...BUT IF IT'S A PROBLEM ACCOUNT YOU ARE BETTER TO BE THE ONE CLOSING THAN HAVING THEM CLOSE IT ON YOU.
No, having a negative balance in an unused checking account will not directly affect your credit rating. However, if you fail to pay off the negative balance and the account is sent to collections, that could potentially have a negative impact on your credit rating.
Having a credit card balance of zero on a credit card is a good thing. It means one has no debts to the credit card company, which also means that no additional interests will be charged. If one either has not used a credit card or has paid all open debts and interests, they would have a credit card balance of zero.
Keep them. This will raise your credit score. Having an active account that you do not use is an excellent way to raise your credit score.
The benefit of having a balance transfer credit card is that they usually are issued with no fee and a very low to 0% interest rate for the first year. Someone would get this type of credit card to transfer other credit balances and thereby cutting down on the time it takes to pay off the high interest rate credit cards.
For this answer, we will assume that the question refers to the manner in which lenders view credit and debit transactions. A credit transaction would be a an amount that has been borrowed and credited to a person or business. A debit transaction on the lender's books would refer to a reduction or payment by the borrower of that debit.
Its best to have only a few credit cards to no credit cards. Say you have 4 credit cards with a 500 limit on each and a zero balance, There is the potential for you to charge 2000.00 whenever you want. When you have so much available credit, Lenders are scared to loan to you, Therefore hurting your credit. Best bet: If you dnt use 'em, Lose 'em.
Call the number on the back of your credit card and tell them the problem your having.
balance sheet get balance due to the accounting principle Dual aspect. In it each and every transaction has debit and credit having equal amount. Debit the gains is equal to the Credit the losses. one of the gain is acquired then, there must be any losses. due to this principle it's getting balance.
it is not bad to have a credit card, as long as you pay your balance every month, and not skip a payment, and do not use it if you do NOT have the money to pay for it.
With an airline mileage credit card, one can get rewarded. There are many benefits and rewards you can receive for having a credit card. Using an airline credit card can also earn you traveling points.
Yes, as long as you use it wisely. Don't carry a balance of more than 20% of the credit limit. This will help to improve your credit score.