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Is a credit card a loan?
Yes a credit card is a loan but remember the interest rate on these can be quite high comparing to a personal loan.
What are the disadvantages of taking out credit card loans?
Any credit card is a loan. The disadvantages of taking out this type of loan include high interest rates and fees on balances, annual fees applied to most credit card loans, and a high rate of interest on cash.
Which type of business or institution is most likely to loan money to individuals?
a credit card company
Can you pay a payday loan with a credit card?
Only a few payday loan companies allow you to pay off your loan with a credit card. Most required payment of the loan with a debit card or check.
How do you make your credit score go up?
PAY YOUR F-ING BILLS! If you have no credit>> Get a credit card, car loan, or any type on loan AND PAY IT! coming from a person w/ an 798 score!
Is a credit card a loan?
Yes a credit card is a loan but remember the interest rate on these can be quite high comparing to a personal loan.
What are the disadvantages of taking out credit card loans?
Any credit card is a loan. The disadvantages of taking out this type of loan include high interest rates and fees on balances, annual fees applied to most credit card loans, and a high rate of interest on cash.
Which type of business or institution is most likely to loan money to individuals?
a credit card company
Can you pay a payday loan with a credit card?
Only a few payday loan companies allow you to pay off your loan with a credit card. Most required payment of the loan with a debit card or check.
How do you make your credit score go up?
PAY YOUR F-ING BILLS! If you have no credit>> Get a credit card, car loan, or any type on loan AND PAY IT! coming from a person w/ an 798 score!
What is the difference in Conventional loan verses credit card loan?
The primary difference between a conventional loan and a credit card loan is that a conventional loan is given to you in one lump sum whereas a "credit card loan" or line of credit can be drawn down as needed rather than in one lump sum. You can find out more about business lines of credit by visiting www.businessloc.com
Is a credit card a secured loan?
No. A Credit Card is a simple form of a revolving loan with a limit but is typically not secured by any asset.
Can a credit card defaulter get house loan after the credit card debt settlement?
yes
What is a tradline?
any credit line that you have- credit card, car loan, mortgage and student loan
Can you get a loan with debit card?
A loan off of debit card like credit card cash advance? Yes
What is a Loan Suffix?
The "loan suffix" as related to a credit card is the last two numbers on your card.
What about credit card?
line of credit that you can borrow, to purchase items. it is a loan
