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cash advance fee - APEX

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Q: Which of these feels is the biggest problem for customers who need to use their credit card to take money from an ATM?
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Can you pay amex card bill with other credit card?

Absolutely not, AMEX only accepts checks, wire transfers from an account owned by card member and EFT/ACH transfers. Paying a credit card with a credit card if there is anyone who accepts it is a clear indicator to the lender that you may be in financial trouble and are floating your debts. Further I can almost guarantee it will flag your account for a reduction of your credit line or for closure if the bank feels you have become a greater risk than initially thought of.


How to get credit rating removed?

If the credit rating is factual then it can't be removed till 6-7 years has pasted. If the derog/negative information has past few years then it won't be very significant if you've paid and kept your balances low since then. If the consumer feels it's bad and has an explaination to a bad rating, he/she can put a consumer narrative on thier credit bureau. A consumer narrative is a brief explaination that can be put on the consumer's credit bureau file so that when a lender/merchant pulls a credit bureau file, they will know that the consumer has looked at thier own file and has given an explaination. If the credit rating is NOT factual then the consumer needs to report it to the credit bureau and to the merchant to investigate before correcting the rating.


When is it appropriate to consolidate your credit card debt?

It is appropriate to consolidate one's credit card debt when one feels that one's spending is out of control. For example, one might be unable to make one's monthly payments on a credit card, which could eventually lead to one's acquiring a bad credit rating.


If your grandfather cosigns on a loan for you will it affect his credit when he sells his house and buys another?

That would entirely depend on how well you keep up the repayments... and if you failed the repayments, so long as he pays them, it will not harm his credit...indeed it may enhance it as it shows not only his ability, but willingness to pay off debt for which he signs. personally, i would NEVER put my own money in the hands of someone elses ability to pay... if you need a loan, and don't earn enough, so they want a co-signatory, then chances are grandpa will end up paying YOUR debt.. and there is nothing he can do, if you don't pay a penny, if he's signed up, unless he wants to lose his rating...maybe he feels the same way, and just doesn;'t want to tell you the truth about how he feels on the subject. It will show up on his credit bureau as co-signor and he would be responsible for repayment of this loan if you stop paying.


Why should you want to join banking sector?

bank sector gives security,good growth and feels safe side .if your in any mnc or any other companies you dont know when recession will be and when u loose your job there is no such problem in banking sector

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What does the saying its a piece of cake?

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