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Because it is easier than handing over a load of cash.
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∙ 11y ago
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WHAT is consumer credit?
the use of some one else's money to make personal purchases
The consumer should not spend more than what percent of their take home pay each month on credit purchases?
Ideally, a consumer should not use credit to make purchases that the consumer would otherwise not afford. The consumer should aim to pay off all credit balances at the end of the month. Technically, the aim should be to spend 0% on credit purchases.
Is it possible to establish credit with debit cards with the MasterCard or Visa logo if you choose the credit option when you make purchases with them?
No your debit card is linked to a checking or savings account which is not on your credit history.
What are the disadvantages of having a low credit score?
You might not be able to get a loan from you bank or make big expensive purchases!
What is the easiest way to get credit?
Join a Credit Union and either get a car loan or apply for what is called a Starter Card and make several purchases on that credit card.In either case always make your payments on time.Before you know it you will have many new credit card applications in the mail.
What is the Travel Rewards Credit Card?
The travel rewards credit card is a credit card that gives you travel vouchers in return for using it to make purchases. In summary, use this card to make purchases and a percentage of the amount you spend will be refunded to you in the form on travel vouchers.
When a waiter at a restaurant steals credit card numbers to make fraudulent purchases this is called what?
Credit card fraud.
What kinds of purchases does a typical family make with a credit card?
food (weekly shop)
Which form of payment allows someone to make purchases while paying for them later?
credit
WHAT is consumer credit?
the use of some one else's money to make personal purchases
What is offline ATM?
An offline ATM card is similar to a credit card. It allows the cardholder to make purchases through a credit card machine. Instead of using a pin code format, they will have to sign for purchases.
The consumer should not spend more than what percent of their take home pay each month on credit purchases?
Ideally, a consumer should not use credit to make purchases that the consumer would otherwise not afford. The consumer should aim to pay off all credit balances at the end of the month. Technically, the aim should be to spend 0% on credit purchases.
The term consumer what refers to the use of someone else's money to make personal purchases?
credit
Can you sue your credit card company for allowing you to make illegal purchases?
Nice try - but no, you can't.
Which form of payment allows someone to make purchases while paying for them later A. check B. debit C. credit D.cash?
credit
What companies offer credit card deals to small businesses?
All of the major credit cards offer credit cards to small businesses. There is still a form and a credit check that will be run to make sure your company isn't failing as it is starting.
What is a good reason why the PlayStation network needs your credit card?
So you can make purchases on the PlayStation Store.
