Cash Advance is the option, but charges/interest may be more expensive that directly using the credit card to directly purchase the item.
no fees for cash advances
No fees for cash advances
Ideally, there would be no fees for cash advances and the same interest rate for all charges, both purchases and cash advances. (Some cards offer both of these features.)
A low annual percentage rate
For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.
No fees for cash advances
no fees for cash advances
Ideally, there would be no fees for cash advances and the same interest rate for all charges, both purchases and cash advances. (Some cards offer both of these features.)
A low annual percentage rate
For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.
A prepaid credit card is best for those who believe they might not be able to pay the balance.
You will have to plan a budget, payments will have to be set and you will have to stick to the plan. If you don't know what to do you might have to hire a finiacial adviser or borrow money.
To build a credit history from having none is a difficult prospect but any website that offers you a pay in 90 days or similar offer establishes a credit history. Alternatively the bank you have your savings account at might offer you a lower maximum borrow limit credit card which you can then use to establish a credit history.
It depends. A credit card comapny might notice suspicious activity and begin an investigation, or the subject of the credit card fraud may go to the police to file a report. * The credit card issuer with assistance from the FTC and the USDOJ.
The best ways to raise a low credit score are to eliminate your use of credit and to pay all your bills on time. Time and effort is the only thing that will cure this for you. You obviously need the car now, so you might want to borrow the money from a family member until you fix your credit.
Yes, it can do. A lender might firstly be suspicious as to why you need so many cards. Secondly, if you keep applying does it mean that you have been turned down? If so, why? Further, if you have many cards then the amount you could borrow on all cards together (your credit limit) is going up and lenders might be uneasy with the amount of credit you have in total.
Yes they would borrow because they might have something we don't.