0
No, it is never a good idea to apply for credit card to borrow money because you are just adding on to your debt. If you are unable to pay back the money that you used on your credit card, it will be deemed as overdue, and you will have to pay extra interest, or an extra fee or charge.
What else can I help you with?
Can I deposit money into my credit card account?
No, you cannot deposit money into a credit card account. Credit cards are used to borrow money from the card issuer, not to deposit funds like a bank account.
Why would you need a credit card if you are not working?
you will need a credit card if your not working because you have no money so you use a credit card to borrow money from the bank.The disadvy :(antage of that is that later you have to pay :(
Does debit card build credit?
A debit card is a card that takes money straight out of the bank, however, a credit card lets you borrow money, but you must pay interest. So, a debit card does not build credit.
You want to create an account on the website 'Moviease' but you dont have a credit card what should you do?
borrow your friends credit card.
Which of these is one way that credit cands differ from debit cands?
Credit cards allow you to borrow money from the card issuer. A debit card requires you deposit money with the card issuer, and the money is then deducted at the time of the transaction from the amount deposited.
Where can you borrow credit card?
You should not borrow a credit card. Get your own. If you are not credit worthy, then you'll need to do without one. ------------------------------------------------- Using someone elses card is by definition fraud (even with their permission). Fraud is a criminal offence. You aren't able to borrow a card because you may abuse the usage of it.
Can you deposit money into a credit card?
No, you cannot deposit money into a credit card. Credit cards are used to borrow money from a financial institution, and you are required to pay back the borrowed amount along with any interest charges.
What credit card features would be best for customers who think they might need to use their credit card to borrow money?
No fees for cash advances
Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?
no fees for cash advances
Can you deposit money to a credit card?
No, you cannot deposit money directly to a credit card. Credit cards are used to borrow money from a financial institution, and you are required to pay back the borrowed amount along with any interest charges.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
What is the meaning of 'to max out' a credit card?
You use up all of your available line of credit and you don't have any money left to borrow.
