0
What else can I help you with?
What is the difference between debit and visa card?
A debit card is a card that is connected to your bank account. If you pay with your debit card, your purchases will be charged to your bank account. A visa card is usually an unsecured credit card. When you pay with a credit card, the issuer pays for your purchases and the issuer will bill you for the purchases with additional interest for using their services. In other words, your purchases are on credit.
What allows consumers to pay for purchases at a later date?
credit card
What the diff between credit and debit card?
A credit card is money loaned to you (credit) by the issuing bank or company. You may use it to pay for purchases up to the amount of your credit line. A debit card is based on your account balance and not on any loaned amount. You may use it to pay for purchases not in excess of your account balance.
How does a debit card and credit card differ in their functions?
You can use both debit card and a credit card to purchase goods and services. However, with a credit card your purchases are on credit, which means, the credit company who issued the card pays for the goods and services on your behalf. You then pay the credit company. On the other hand, the debit card is directly linked to your bank and every time you use the debit card to pay for your purchases, the amount is deducted to your money in the bank. Although there could be some deals that you can arrange with the bank regarding how the purchases are deducted and about your limits.
How can a credit card company sue you when you were not working when you received the card and are not working now and have no cosigner?
In court, "Sue" just means "ask". The credit card company is just asking the court to require you to pay the debt. Yes, they can ask the court to require you to pay. The way THEY view it: You took on an obligation to pay for credit card purchases. You promised to pay for future purchases and be responsible with your finances when you signed the credit card agreement. Then, every time you used the card, you signed an agreement stating that you would pay for the purchases. Now you're claiming that it wasn't your fault, that the credit card company is responsible because they gave you a card when you weren't employed... It was YOUR responsibility to only purchase what you could pay for. The credit card company didn't have a method of determining your ability to pay for your debts.
What is the difference between debit and visa card?
A debit card is a card that is connected to your bank account. If you pay with your debit card, your purchases will be charged to your bank account. A visa card is usually an unsecured credit card. When you pay with a credit card, the issuer pays for your purchases and the issuer will bill you for the purchases with additional interest for using their services. In other words, your purchases are on credit.
What allows consumers to pay for purchases at a later date?
credit card
What the diff between credit and debit card?
A credit card is money loaned to you (credit) by the issuing bank or company. You may use it to pay for purchases up to the amount of your credit line. A debit card is based on your account balance and not on any loaned amount. You may use it to pay for purchases not in excess of your account balance.
How does a debit card and credit card differ in their functions?
You can use both debit card and a credit card to purchase goods and services. However, with a credit card your purchases are on credit, which means, the credit company who issued the card pays for the goods and services on your behalf. You then pay the credit company. On the other hand, the debit card is directly linked to your bank and every time you use the debit card to pay for your purchases, the amount is deducted to your money in the bank. Although there could be some deals that you can arrange with the bank regarding how the purchases are deducted and about your limits.
How can a credit card company sue you when you were not working when you received the card and are not working now and have no cosigner?
In court, "Sue" just means "ask". The credit card company is just asking the court to require you to pay the debt. Yes, they can ask the court to require you to pay. The way THEY view it: You took on an obligation to pay for credit card purchases. You promised to pay for future purchases and be responsible with your finances when you signed the credit card agreement. Then, every time you used the card, you signed an agreement stating that you would pay for the purchases. Now you're claiming that it wasn't your fault, that the credit card company is responsible because they gave you a card when you weren't employed... It was YOUR responsibility to only purchase what you could pay for. The credit card company didn't have a method of determining your ability to pay for your debts.
Where does credit card companies get the funds to pay for customer purchases?
You pay your bill at the end of the month, and they tack on the interest.
What do you use to buy something now and pay for it later?
A credit card allows you to pay for purchases at a later date. Credit card balances have a minimum payment due, but by paying more than the minimum, you save on interest payments.
Is a Visa card considered a debit card?
No, a Visa card is not considered a debit card. It is a type of credit card that allows users to make purchases on credit and pay off the balance later.
What are credit purchases?
credit purchases are goods that you buy on credit and and pay little by little to pay to the person you owen.
What will happen if the supplementary card holder is asked to pay for their purchases?
In this case the actual account holder/ the primary applicant of credit card will have to pay the bill.
Can an authorized user assume control of a credit card?
Yes, an authorized user can make purchases with a credit card, but they do not have the legal responsibility to pay off the debt.
Can I use my credit card in Italy for purchases and transactions"?
Yes, you can use your credit card in Italy for purchases and transactions.
