0
Amount has been debited from the Card .
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∙ 12y ago
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What future implacations does a charged out credit card balance have and what does charged out mean?
Charged out means you cant charge any more on your card, & the furer implications it will have is it will slowly make your credit bad credit till you pay your credit card off where their is no more out standing balanc.
What does awaiting final amount from merchant mean?
Means card authorized only, not yet charged.
Does it matter what was charged on my credit card and when it was charged?
Yes.
What are some causes of 0 credit card balance?
Having a credit card balance of zero on a credit card is a good thing. It means one has no debts to the credit card company, which also means that no additional interests will be charged. If one either has not used a credit card or has paid all open debts and interests, they would have a credit card balance of zero.
What does it mean when a credit card is charged off?
When a credit card is charged off it means that the company has given up on trying to collect funds on the card and they usually sell the rights to a collection agency and the collection agency will try any means possible to get some money out of you. They usually will send official letters, email, and call your house phone, cell phone and work phone if they have access to this information.
Does it cost anything to transfer your credit card balance to another card?
When transferring a balance from one credit card to another, a transfer fee is usually charged. This fee is a percentage of what ever the balance is. A higher balance means a higher fee.
What merchant fees are charged by the Discovery card?
Some merchant fees charged could be shipping and handling fees to help offset cost to the company. Another fee charged by discovery card is processing.
What do you do if merchant has filed for bankruptcy after you have paid for a purchase with a credit card?
Nothing. You bought - and received - a product or service. You charged it, which means the merchant was paid by your credit card company. Your debt is now to the credit card company, and you owe it whether the merchant is in business or not.
Thomas charged 2400 on his credit card to buy furniture the interest rate charged by the credit card company is 24.9 percent after one mon?
2399.80
What is retail interest charged by credit card?
Usury
Can merchants charge a fee for using a credit card in the UK?
You are not usually charged a fee for using your credit card. HOWEVER - the fees charged to the retailer by the credit card company, will covertly be passed on to all customers by charging more for their products !
Can a credit card company reopen a charged off account?
No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.
