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Credit cards cannot increase your income.

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βˆ™ 15y ago
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Q: What percent will your income increase if you accept credit cards?
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Related questions

How do you increase credit limit on your credit card?

Contact your Credit Card company and ask Usally it can increase with better credit or higher income


Why retailers accept credits?

Retailers accept credits in order to make sales or increase sales because not all people carry with them cash. Therefore, if the retailers will not accept credits such as credit cards, they will not have any sale or will not be able to maximize their income.


What is supervised credit?

Supervised credit it is used to induce agriculture development and production to increase farmer income.


Can a Landlord increase your Rent by 3 percent even if you have a fixed income?

Yes. Your income is unrelated to your rent.


What is the effect on income when service is rendered on credit?

Income from services rendered account will decrease and debtors account will increase


What percent of the global population increase is taking place in low income nations?

98%


After a promotion how do you increase your listed income at the credit bureaus?

Credit bureaus don't usually keep that information. You provide it to prospective creditors when you apply for a loan or credit card.


What factors would make your credit score change?

Your payment history makes up 35 percent of your 3 digit fico score. Your debt to income ratio makes up 30 percent of your fico score. 15 percent is based on length of credit history. 10 percent is based on new credit and the other 10 percent is based on the types of credit used.


What amount in 2018 does a persons credit increase in cents for each added dollar of income based off earned income tax credit?

Credit doesn't come from earned tax credit, but how much you owe, the amount of debt in relation to what you earn, the use of credit, and hard inquiries into your credit. Points are assigned giving you a credit score.


How do you ask for a credit increase on your new credit card?

Contact the customer service department of the card issuer. They will ask a few questions, for example, if your source of income has increased since you originally opened the account. They may also look at the person's credit-debt-income ratio and perhaps their complete credit report. If your account is in good standing it's possible they will waive all these options and increase your credit line. Any action concerning the account could be noted on the person's credit report whether or not the increase is granted.


Sales is 50000 variable expense 20000 fixed expense 20000 net income 10000 find net income if activity volume increases 10 percent percent?

$13000 or an increase of $3000.


Can you change your debt to income ratio?

Your debt-to-income ratio is your total monthly debt obligations divided by your total monthly income. Increase your income or lower your debt payments to have a more favorable debt-to-income ratio. How do the credit companies know your income?