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The usual term is "declined". It can be for any number of reasons, but it means the charge did not go through. You don't lose any money from your account as a result.
If you meant "denied" in the sense that you applied for a card and were turned down, then you should read your application carefully and see what happens to any application fee you may have paid. (If you're given an application that doesn't specifically say that any "application" or "processing" fees will be refunded if you're denied credit, then you should immediately tear it up and not apply. It may be a little late for you now, but in the future, you should check for that first.)
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If there is no assets who's responsible for credit card debt?
If a person dies and owes money on credit cards, the person who issued the credit cards loses. The merchant still gets his money. (The credit card companies make money by charging merchants a small fee on each transaction. They make interest. They lose money on deadbeats and deaths.)
Should a bank credit card be considered money?
yes------NO. You should protect your credit cards as you would your cash. But it's not "considered money" for the obvious reason. If cash is lost or stolen, it cannot be replaced. A credit card, on the other hand, can be replaced. Even if stolen with fraudulent charges, there would be no financial lose on your part.
What should i do when i lost your credit card?
If you lose your credit card or it is stolen you should report it to the bank that issued it immediately. There is usually a dedicated number for such occurrence's.
Whats the first thing you should do when you lose a credit card?
1. Contact the credit card company immediately. tell them of the possible theft so that they may begin to monitor the account.
What qualifies someone as being credit worthy?
Previous credit is likely #1 qualifier, for first timers its mostly assets If problems arise with first time credit searchers I suggest going to your banking institution(most have a chosen credit card type) and they will assist you with obtaining credit, a co-signer(someone with credit to vouch for you) can help greatly If all else fails you can typically have your bank hold a set amount of money and they will give you a credit card with a value of whatever they're holding in the event you decide not to pay - yes you lose out on that money until your card expires but in the mean time you can charge things to your card and make your monthly payments(which builds your credit rating) Side note:Not making payments(or making them late), repeated pinging of your credit(Happens every time you apply for it) both hurt your credit rating
When you use a credit card on playstation network for money does the card lose money?
Technically no, normally a credit card puts things 'on credit'. Your bank is paying for the PSN credit. But you now have to repay the bank sometime. (Credit cards can be loaded with funds, that money would be spent if used in the above way, and you would not be in debt to your bank).
If there is no assets who's responsible for credit card debt?
If a person dies and owes money on credit cards, the person who issued the credit cards loses. The merchant still gets his money. (The credit card companies make money by charging merchants a small fee on each transaction. They make interest. They lose money on deadbeats and deaths.)
Should a bank credit card be considered money?
yes------NO. You should protect your credit cards as you would your cash. But it's not "considered money" for the obvious reason. If cash is lost or stolen, it cannot be replaced. A credit card, on the other hand, can be replaced. Even if stolen with fraudulent charges, there would be no financial lose on your part.
What do you do when you lose your credit card?
Call the bank, and cancel that card before anything happens
What should i do when i lost your credit card?
If you lose your credit card or it is stolen you should report it to the bank that issued it immediately. There is usually a dedicated number for such occurrence's.
Will you lose credit if you replace your SIM card with another SIM card?
depending on what service you have. but most likely not
How gas prices impact your pocket book?
Gas prices make your purse weigh less because you lose all of your money, unless you have a credit or a debit card.
Can you lose your house if you cant pay unsecured loans or credit card debt?
no
What should you do if you lose you debit or credit card?
Call your bank to block the lost card then visit bank and issue new card
Do you need to pay the Home Depot card if you lose your job?
In general, any debt you owe on any credit card is still payable if you lose a job.
Do the merchant lose the money if the customer use stolen credit card?
Yes, assuming the victim discovers the problem and reports it. It's called a "charge back" and if too many are accrued to a merchant, that merchant not only loses all the money that was stolen but will also lose the "merchant account" and not be allowed to take credit cards any longer.
If you have accumulated bad credit while in college can you be denied financial aid?
You can be denied private loans, and grad plus loans for late payments on your credit history. If you default on a federal student loan, you will lose eligibility for all federal financial aid (including grants).
