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If you are in good standing with your credit card company can you request that they lower the interest rate on your balance?
Wiki User
∙ 8y ago
I've done it with several cards and been successful. There's a big incentive for a company to keep a good customer. I told them I was considering transferring the balance to a card with lower rates and extra benefits. They were very willing to offer a lower rate.
Wiki User
∙ 8y ago
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Can a credit card company charge interest on interest?
No. A credit company can not charge you interest on top of interest. With that said if you have a balance of $1000 and the company charges you $20 interest for that month. Next month a new balance is created $1020 then the company can charge you interest on $1020.00 if you fail to pay the $20 interest at the minimum. Interest is a finance charge and so long it does go over 59.9 per cent it is legal even on closed accounts. This is called accrued interest. If your account is closed due to unforseen of financial circumstances contact the credit and work out a payment arrangement and request interest to be stop. Many creditors will do so if the amount is paid in a timely manner usual 6-9 months. Otherwise consumer proposal is an option.
How do you write loan request for Medical Treatment to Company?
How do you write loan request for Medical Treatment to Company for wife's operation
Sample of letter of request for cash advance?
how to write letter for request cash advance from company
Can I Lock In An Interest Rate When I Am Getting Pre-Qualified For A Loan?
There is no rate guarantee for a pre-qualification loan request. You will be qualified at the current interest rate in effect at time of loan application.
Credit line closed-grantor request-reported by subscriber?
Company Closed account
Can a credit card company charge interest on interest?
No. A credit company can not charge you interest on top of interest. With that said if you have a balance of $1000 and the company charges you $20 interest for that month. Next month a new balance is created $1020 then the company can charge you interest on $1020.00 if you fail to pay the $20 interest at the minimum. Interest is a finance charge and so long it does go over 59.9 per cent it is legal even on closed accounts. This is called accrued interest. If your account is closed due to unforseen of financial circumstances contact the credit and work out a payment arrangement and request interest to be stop. Many creditors will do so if the amount is paid in a timely manner usual 6-9 months. Otherwise consumer proposal is an option.
How do you store text files in sharepoint?
Customer from any company applies for Car Loan in Lloyds Bank. The loan request details are represented by below mentioned LoanRequest - requestDate - customerName - customerCity - designation - company - yearsExperience - amount - tenure Company is represented by below: Company - name; - address Monthly EMI for the Loan request has to be calculated Current loan interest Rate is : 14.75% PA Assume a LoanRequestService class having a method calculateEMI which accepts the loan request and the list of company names and perform the below and return the emi: if company of the customer matches with any one in the given company list,customer is eligible for upto of .25% discount on interest rate. Discount depends on years of experience. if above 10 yrs, .25% discount on interest rate above 8 yrs, .15% discount on interest rate above 5 yrs, .10% discount on interest rate no discount for other customers It should throw an exception if experience is found <= 1 irrespective of company.
How will current balance turn into savings account?
It wont unless you request a balance transfer.
Can you close a credit card account if there's a balance on the account or must you pay the balance in full?
Yes, you can cancel the card even if there is a balance remaining on it. You contact the credit card company and request the card be cancelled. You will no longer be able to use the card, but you still pay the balance, either in monthly payments or in a lump sum. But you do not have to pay the balance in full when you cancel the card.
How can I find good home repair services?
When looking for a home repair service company, you always want to check their credentials. Make sure the company is in good standing with the Better Business Bureau and request references. A reputable company will not ask for money until the job is complete.
How do you write loan request for Medical Treatment to Company?
How do you write loan request for Medical Treatment to Company for wife's operation
What is feasibility of request?
Feasibility of request is the evaluation of the contents of the request. The manager will consider each request and determine if it will be worth the company's investment to undertake the request.
Can collection agencies request additional money on interest charges after the debt is paid in full?
No, a debt collection company purchases a debt from a creditor. They can try to collect on that debt but may not charge interest on it as they have no contract with you outlining interest charges. If a company is attempting to do that, cite the Fair Debt Collection Practices Act, a federal law, and complain to the Federal trade Commission, which oversees debt collection practices.
How do you write a CUG SIM Request letter to Mobile company?
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Can a notary notarize her daughter's marriage license request?
No, it is a conflict of interest.
How do you request for a job in company?
I want money
Sample of letter of request for cash advance?
how to write letter for request cash advance from company
