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What reflects better on your credit report a zero balance on your credit card or buying something once a month and paying it off?
Wiki User
∙ 19y ago
Buying something and paying it off. It shows the creditor that you are responsible and not a credit risk. Be aware though, you will be flooded with competing credit card company offers.
Wiki User
∙ 19y ago
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What is the difference between a purchase and a payment on a credit card statement?
A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.
If you are buying something for 18.50 and you get a 50 percent discount how much money did you save?
You saved 9.25.
What is the meaning of rent and tax?
rent is when u borrow something without buying it then returning it back after a short period of time
Does buying food in bulk cost less in the long run than buying it over time?
That depends. If you buy something that will spoil before you use it, it is a waste of money. If you buy something you don't like, it is a waste of money. If you don't have space to store it, it is a waste of money. If the time it takes to use it is an extended period of time such that the money you had to use could have made money in an interest-bearing account, it is a waste of money. Other than that, buying in bulk is generally a good idea.
How do you show a debit balance on a liability account?
You should never have a debit balance in a liability account. Liability accounts maintain a "credit" balance. If a debit balance incurs, it means that the company has paid too much to the account.For example, say I owe Company B $500 on an account payable (liability) and I for some reason pay them $600 instead, that does actually give me a debit balance, however that also means they owe me $100 since I overpaid them.If it's a supplier I order from on a regular basis then I can just leave the balance alone and let it balance itself out with the next purchase, making note about "why" there is a debit balance.However, if it's a company I made a one time purchase from, for example I bought a computer and don't plan on buying another one from the company for a while, it's best if I zero out the balance and move the balance from the liability account into an account receivable (an asset account) and contact that company about the error and a possible refund.
What if you're buying something that costs more than your PayPal balance?
you will go to jail and if you or one of your relitives do it you will be k illed
What is the difference between a purchase and a payment on a credit card statement?
A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.
Is a consumer a client?
A consumer is a person who is buying something, so if your client is buying something from you, then yes they are a consumer.
What are the advantages of buying something on an installment plan?
advantages of installment buying
What is informative buying?
Informative buying is when you buy something that would give you alot f information about something that you might need to know
Can i sue someone who's buying a car from me but won't pay me the remaining balance?
Yes you can.
How do you buy a used car if you have a balance on trade in?
You will have to borrow enough money to pay off the balance on the car you now have plus the price of the car you are buying.
How do you trick your mom into saying yes when you want something?
Buying her something
What are consumer credit reports for?
Consumer credit reports are for those who are seeking a better deal when they are planning their financial life. Whether you are buying something, or getting a loan, they have a report for it.
Which cards have low interest rates ?
Whether you are booking a vacation package, buying an expensive gift or transferring an existing card balance, there is nothing better than being assured that you will only have to pay a low interest rate.
Which statement reflects the beliefs of Adam smith thomas malthus and david ricardo?
Government should not contril the buying and selling of goods <----NovaNet Answer
Why do wonder bread packages have balloons on them?
That was the chosen design for the package. It reflects fun and the company assumed that would make you interested in buying their product.
