0
What an example of a type of fee that a credit card company might charge?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are some types of fees that the credit card company might charge?
Common ones are - monthly interest, and late payment fees.
Will you need to go through a credit check in order to get a corporate credit card from your company if the credit card is in your company's name?
That decision is up to the credit card company. If the corporation is relatively new or had no credit history, the credito card company might demand that you personally guarantee the debt and you will need to have a credit check. If you have been in business a long time, the credit card company MIGHT not require a personal credit check.
If you have bad credit what kind of interest rates do lenders charge?
If a person has a bad credit rating, lenders typically charge a higher rate than they would charge a person with a better rating. For example, if a person with 840+ credit got a rate a 4% for 100k over 30 years, a person with about a 650 rating might be offered a rate at 5% or higher.
When might one want to use a credit card?
A person might want to use a credit card for making various purchases. For example, a person might use a credit card to purchase a TV or pay for his/her bills.
How can personal responsibility effect your credit card?
Companies will look at your credit report to see how responsible you are with your loans. If you didn't pay back, or we're late with a loan on one company, then another company you might want a loan from might not take the risk. The opposite is true if you are responsible with your loans. Also your credit score will drop down, and if you waste you money on useless items/things, then you will have bad credit.
What is a type of fee that a credit card company might charge?
credit limit fee
What are some types of fees that the credit card company might charge?
Common ones are - monthly interest, and late payment fees.
Can you charge on a credit card that is in your bankruptcy AFTER actually filing bankruptcy?
"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."
Will you need to go through a credit check in order to get a corporate credit card from your company if the credit card is in your company's name?
That decision is up to the credit card company. If the corporation is relatively new or had no credit history, the credito card company might demand that you personally guarantee the debt and you will need to have a credit check. If you have been in business a long time, the credit card company MIGHT not require a personal credit check.
If you have bad credit what kind of interest rates do lenders charge?
If a person has a bad credit rating, lenders typically charge a higher rate than they would charge a person with a better rating. For example, if a person with 840+ credit got a rate a 4% for 100k over 30 years, a person with about a 650 rating might be offered a rate at 5% or higher.
When might one want to use a credit card?
A person might want to use a credit card for making various purchases. For example, a person might use a credit card to purchase a TV or pay for his/her bills.
What is an example of an example in a sentence?
An example in a sentence might look like this. "A good example of a credit card would be a Visa or Mastercard".
What is sold on the insurance market?
Many types of insurance is sold at insurance markets for example, you might be able to find; auto, health, accident, casualty, life, property, liability and credit insurance. Of course it varies from company to company.
Can vendors charge you to use your credit card?
The purchaser's bank (that issued the credit card) and the vendor's bank (with whom the charge slip is lodged by the vendor) charge a percentage of the purchase amount. This amount essentially comes from the amount that is payable to the vendor. As a result, the vendor gets about 1 to 3% less than what he would have received had the transaction been paid for by cash. Some vendors hence tend to charge higher if you use your credit card A merchant has no right to charge more if you use a credit card, although they might offer a discount for cash. Adding a surcharge to a credit card transaction would most likely violate the merchant agreement with the credit card company. For example, VisaUSA Rules: "Always treat Visa transactions like any other transaction; that is, you may not impose any surcharge on a Visa transaction." Violation may result in penalties, suspension or termination.
Why might a rental car company refuse to rent to someone?
bad credit, no credit card, age, no license, history of accidents
What should you do if you had a credit card that was a write-off and the company won't give you a copy of your payment history?
I believe the reference might be to a charge off. And yes, a collector must inform the consumer of the amount of the debt and the creditor that is owed.
If an employer issues you a credit card with your name on it for professional expenses will this show up on your credit report?
Probably not. We won't know until you check your report! But, if they provided the credit card company with your name, birthdate, and social security number, they might have well established an entry onto your credt report! This is a tricky area... beware. In general, if you did not agree to the credit card' terms, you are not bound, period. You are likely an agent of the employer and are thus an extension of the company - not extending liability to yourself. Of course, if you go on a spending spree, you could always be sued civily for say... actually, it might be a criminal charge. Can't think of what theory to use for someone who goes shopping with a company credit card so it must be criminal.
