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Q: What is the term used for when you buy things using a credit card?
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Is credit card company a common noun or proper noun?

The term 'credit card company' is a commonnoun, a general term for any credit card company.A proper noun is the name of a specific credit card company, such as American Express, Capital One, Citibank, etc.


Can a debit card be used as credit?

In the 1990's, USbank issued me a single plastic card that could be used as credit or debit as a choice at the time of use. It may have been called a "flexcard." (They have since changed that policy and use the flex term for other things.)


With the new credit card laws going into effect, are retail credit card processing centers adjusting well?

With the new credit card rules only recently having gone into effect, it is difficult to determine the long-term implications for retail credit card processing centers. However, in the short-term, these processing centers have had to make the same adjustments that bank credit card companies have had to do and they've had several months to make the adjustment as afforded by the law.


Is in fusion credit card real credit card?

No, InFusion is not a credit card. Only money that is added to the prepaid card account can be used. InFusion cardholders who establish direct deposit are eligible to enroll in iAdvance, a short-term loan that provides help between paychecks.


What does the term interest credit refer to?

The term interest credit refers to percentage of the credit that will be added as interest by the bank that issued a credit card. In this case, when the customer exceeds the allowed money limit, the bank will start taking interest on the exceeded credit.


How the credit card works?

the credit card is no good A credit card works as a revolving line of credit. Of course some rates can be quite high but it is meant to be used as a short term financing option. A credit card is a great thing to have as long as you remember that you have to pay it back and you have to pay interest. Use it for what it is intended for. Emergency situations, not just because you want something.


Can a credit card company activate your credit card before they send it out without your permission?

No. Major reputable credit card companies won't even activate your card until you have the device in your hand.Reputable credit card companies will NOT activate your card prior to sending the card out regardless of your permission. Activation by trustworthy credit card companies ONLY is derived after the card is mailed AND you have provided both identity and physical proof that the card should be activated.AnswerA credit card company is not allowed to activate a credit card unless they have your permission,or there are some type of term or condition that allows them to do that .Try calling the company and ask why it was activated w/o your permission, and definetely make sure that they never do it again,and make sure no other credit card company can ever do that.


What is the term for a small plastic card that allows a purchase to be made based on the promise that the consumer will pay for the purchase later?

Credit card??


Which description defines the term APR?

it is the yearly rate of interest that you pay for credit card use.


Reginald's credit card statement states that his balance is 550 What does the term balance mean?

The 'balance' of his statement is the monetary value of his account with the credit card company. In this case it is the amount he owes the company.


Apply for a credit card to start your credit?

Lenders like to see a mix of Fixed term and Variable term accounts on your report. A credit card is a good start as long as you only use around 33% max of your limit but lenders also like to see unsecured loans from banks that are being paid on time.


How can one pay off student credit card debt?

There are many ways to pay off student credit card debt. Some of the ways to pay off credit card debt are borrow against life insurance, get a home equity loan, renegotiate the term with a creditor and many more.