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When a company won't extend credit to you for various reasons. Usually it is because you are behind on your payables/bills. Essentially, you are not allowed to buy on credit until the hold is off.

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15y ago

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Related Questions

What is the difference between a credit card hold and a charge?

A credit card hold is a temporary authorization of funds on a credit card, while a charge is the actual transaction where the funds are deducted from the card.


What is the maximum amount of money that a credit card can hold?

The maximum amount of money that a credit card can hold is determined by the credit limit set by the card issuer. This limit is based on the cardholder's creditworthiness and financial history.


What is the policy for the national car rental credit card hold?

The policy for the national car rental credit card hold typically involves placing a temporary hold on the credit card for a specific amount to cover potential damages or additional charges during the rental period. This hold is released once the car is returned in good condition and all charges are settled.


Is free hold premises debit or credit?

yes


Where are credit banks situated?

Credit banks hold the amount of credit available in the banking system. Credit banks are situated at different places; the actual situation of the credit bank depends on the bank itself.


Hotel holds on your credit card?

Most hotels require a credit card to hold your reservation. When you check-in, you can pay for the room with your credit card or with cash.


How can a small business get hold of a credit card?

You can receive a credit card for a small business by approaching your local bank or credit union. Chances are if you had the capital to start your business you also have the credit needed to receive a credit card.


Can banks hold car note for unsecured credit card?

yes


If you have bad credit will it affect the credit score of your spouse?

Your credit standing alone won't affect your spouse's credit. The only way your spouse's credit would be affected along with yours is if you jointly hold accounts and then fail to pay them.


What is the process for placing a car rental hold on a credit card?

To place a car rental hold on a credit card, you typically need to provide the rental company with your credit card information, including the card number, expiration date, and security code. The rental company will then place a temporary hold on your card for the estimated rental cost, plus any additional fees or deposits. This hold ensures that funds are available to cover the rental charges. After returning the car, the final charges will be processed, and any remaining hold will be released back to your credit card.


How much does hertz rental car company hold on a credit card?

$200


Do utility companies do credit checks?

I don't know... hold mah dick