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Is it true the that once your credit balance goes to zero you have about three days until you get your refund?
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What happens when you over pay your Macy credit card bill?
The balance on your Macey's card statement will read a credit (negative number) until further charges bring it back to a positive number. If the amount is substantial you may be able to ask for a refund.
Is unearned revenue a credit balance?
Yes, Unearned revenue has credit balance and it is liability for business until it is actually earned.
When does debit balance in account payable?
As accounts payable has a credit balance as normal balance so it has credit balance until not paid but it may have debit balance as well in case when payment is made for more than actual accounts payable which create negative balance or debit balance.
Can the housing tax credit be used for down payment?
You can't apply for the credit until after you have closed on the home. So you would have to find someone to lend you the money for several months until you got your tax refund.
If i do a balance transfer from one credit card to another will the first credit card be cancel?
No... It will simply have a zero balance owing. The card will still be active - until you cancel it yourself.
Can you close a credit card account if there's a balance on that account?
You can, but you'll still have to pay the balance monthly until it's paid off. Incidentally, if you're closing an account to help your credit, research shows that closing accounts in good standing can often ding your credit.
If you close a credit card that has a balance on it will it hurt your credit score oppsed to waiting until the balance is paid in full?
Canceling cards usually does lower your FICO or credit score; if you have a balance on a card, pay it off or transfer the balance to a lower-interest card. Then take scissors and cut up the old card (and any new ones they send you in the future). But then you don't need to actually cancel it.
What happens when you close a credit card with a balance?
You cannot close it until you settle all your dues to the card issuing bank.
Can a credit card company keep adding interest on a closed account?
Yes, until the account balance is paid in full.
If you close a credit card does the APR go to zero?
No, the applicable interest and fees will still be charged until the balance of the account is paid.
Where could I find out about a tax refund loan?
A tax refund loan is a loan that is provided to you until you receive your tax refund. You can pursue this option if you have done your taxes and are expecting a refund.
What is credit balance?
This happens when someone pays too much money on their credit card statement. You have money "on credit" in addition to your credit limit. These amounts can be refunded but will usually remain in the account until you charge using the card again, then those funds will be applied towards your purchases on credit.
