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What type of merchant accounts could someone open with bad credit?
Someone with bad credit could open a merchant account with their bank, provided that their bank offers merchant accounts. Additionally, someone with bad credit could open a merchant account overseas, as overseas merchant processors don't typically pull credit reports.
Allowance for Bad Debts vs bad debt expense?
An allowance for bad debt is essentially a reduction in a bank's accounts receivable. The allowance for bad debt equals the amount of the banks loans that it does not expect to collect.
Can a collection agency freeze a bank account in Pennsylvania?
Collection agencies do not and cannot freeze accounts in any state. Only the courts can do this. However, if a lender has a valid judgment against you for a bad debt, any collection agency they hire to recover it can serve your bank with an order of garnishee and attach the assets in the accounts you have there.
When is bad debt removed from accounts receviable?
When bad debt amount is recovered then it can be removed from accounts receivable as receivables.
Good and bad effects of the automated teller machine?
The good thing is that people can access money a lot faster. The bad thing is that people can steal ATM machines and stores and plazas can charge an additional fee.
Is depositing money into the bank good or bad?
Generally, it is good because you earn interest. The only bad thing is that you have less money in your pocket to spend, but you can always get some from the bank. And also it is a good place to store your money so that it won't get stolen.
Is the benefit a good thing or a bad thing?
Benefit is good thing. Its good compared to bad.
Can you get a student bank account with bad credit?
You may be able to get a student bank account with bad credit if you have a co signer. Most student bank accounts require a co signer anyway.
Is A positive thing good or bad?
A positive thing is good and a negative thing is bad .
What is a topic sentence good for?
what is the good thing anout polio? and what is the bad thing? what is the good thing anout polio? and what is the bad thing?
Are zoos a good thing or bad thing?
good thing
What is a good topic sentence for polio?
what is the good thing anout polio? and what is the bad thing? what is the good thing anout polio? and what is the bad thing?
Is confirmation a good or bad thing?
It is a good thing.
Is the gilded age a good thing?
it is a good thing and a bad thing
Is Google android a good thing or a bad thing?
Its actually a good thing not a bad thing. thanks for the question I had funcaanswering that question.
What banks offer bank accounts for bad credit?
Getting a bank account is no longer a quick and easy task, especially for people with bad credit. Most banks in the US offer what are often termed 'second chance' or 'fresh start' banking accounts for folks in this situation. The downside is that they usually charge maintenance fees but on the positive side, the customer can generally 'upgrade' to a regular account after a period of time.
Is agriculture a good or bad thing?
Agriculture is a good thing.
