Some states have statutes which state that a security deposit cannot be comingled with the landlord's funds. Some legal scholars have concluded that, since the last-month-rent deposit is the landlord's funds, these cannot be in the same account.
You can deposit money into an account that is accessed by a debit card. Also, if you are refering to a prepaid card the answer is yes as well. The exact method varies by the type of card.
Can a cash advance be deposited on a prepaid debit card?
It is not likely you will get a payday loan with just a prepaid account. In order to get a payday loan, you need some guarantee that you will get your next payday. Lenders will ask that have a steady job, an active checking account and possibly signed up for direct deposit too.
can. you get a heyday loan with a insight prepaid direct deposit card?
A deposit can be considered a prepaid expense if it represents an advance payment for goods or services that will be received in the future. In this context, it is recorded as an asset on the balance sheet until the service is rendered or the goods are delivered. However, not all deposits are classified as prepaid expenses; some may be refundable security deposits or retainers that do not fit this definition. Therefore, the classification depends on the nature of the deposit and the terms of the agreement.
Debit Cash for the cash received, and credit a liability account you can call Prepaid Rent or Prepaid Deposits. Basically, you credit a liability account because you "owe" them the rent for the month they have paid for in advance. Once the month has passed, you can debit the Prepaid Rent and credit Rental Income. Or, if the prepaid rent is a deposit made, you just keep it on your books as a liability until the end of their lease, at which time they will either be refunded the deposit (debit Prepaid Rent, credit Cash) or if they don't pay their last month's rent you can use the deposit (debit Prepaid Rent, credit Rental Income).
The company named Check N Go offers pay day loan services, as well as installment loans, check cashing services, title loans, and a prepaid debit card for account holders to have a paycheck directly deposited in the prepaid account.
A prepaid credit card requires you to load money onto the card before using it, while a secured credit card requires a security deposit that acts as your credit limit. With a prepaid card, you are using your own money, whereas with a secured card, you are borrowing money that you have secured with a deposit.
There is not a routing number located on the physical Walmart prepaid Visa card. You can find the routing number by logging in to your online account and choosing the option for direct deposit.
A prepaid expense account is an asset, thus not a temporary account either.
A prepaid expense account is an asset, thus not a temporary account either.
A prepaid expense account is an asset, thus not a temporary account either.