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What else can I help you with?
Can credit card companies close your account and continue to charge interest on the balance?
Sure can, a dirty deal.
Can you deduct credit card interest as a business expense?
No, credit card interest cannot be deducted as a business expense.
What is credit card interest?
Credit Card Interest is basically the way credit card companies make money. They charge you interest for borrowing their money. But usually if you pay your bills on time and don't have any fees, they won't charge you any interest.
What is the interest rate on the business loan?
The cost of the business loanis determined during the credit evaluation and after which you will be advised of how much amount of money you can borrow, payments, any fees and interest.
How can you be approved for a payday loan?
Most payday companies will approve anyone, as that is their business and in their interest to do so. The catch here is that they will charge you over 700% interest, this is just for those with good credit. If you have bad credit, the rates will be much higher.
If a credit card account has been sold can the new company continue to charge interest?
in fact they do
Can credit card companies close your account and continue to charge interest on the balance?
Sure can, a dirty deal.
Can you deduct credit card interest as a business expense?
No, credit card interest cannot be deducted as a business expense.
What is the term for the interest charged by the credit card company or the business that maintains the charge account?
The term for the interest charged by a credit card company or the business that maintains a charge account is called the "annual percentage rate" (APR). This rate represents the cost of borrowing on the account, expressed as a yearly interest rate. It can vary based on the cardholder's creditworthiness and the terms of the account.
What is credit card interest?
Credit Card Interest is basically the way credit card companies make money. They charge you interest for borrowing their money. But usually if you pay your bills on time and don't have any fees, they won't charge you any interest.
What is the interest rate on the business loan?
The cost of the business loanis determined during the credit evaluation and after which you will be advised of how much amount of money you can borrow, payments, any fees and interest.
How can you be approved for a payday loan?
Most payday companies will approve anyone, as that is their business and in their interest to do so. The catch here is that they will charge you over 700% interest, this is just for those with good credit. If you have bad credit, the rates will be much higher.
How does a line of credit work?
A line of credit is basically a loan that you only draw on periodically as you need it. Lending institutions, such as banks, will open them for you or your business based on your credit worthiness and charge you interest on the outstanding balance. It doesn't usually cost anything to have a line of credit, but you will have to pay it back with interest once you draw on it.
Which method of purchase involves establishing charge?
The method of purchase that involves establishing a charge account with a business or store is typically referred to as a credit purchase. With a credit purchase, the buyer can make purchases on credit and pay back the amount owed at a later date, often with interest.
What is a good thing about having low interest business credit cards?
Low interest business credit cards have much less low risk than high interest credit cards. Less cost is imposed for the person using the credit card.
What bank offers the best interest rate for a business credit card?
Bank of America offers the best interest rate for a business credit card. You can Compare Credit Card Offers at CreditCards.com
How often do most credit cards charge interest?
Monthly
