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When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
Do credit card charges increase if you make a few late payments?
Depends on the credit card company. If you are constantly late with your payments you have to pay the late fee and some companies may charge you a higher rate.
What is the total amount of monthly credit card payments?
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.
How do you establish credit for the first time?
The best way to establish credit is to start with a secured card. With a secured credit card, your regular payments will be reported to the credit bureaus.
Do credit card companies report cash payments?
No, credit card companies do not typically report cash payments.
What credit card was first?
Diners Club, which was techincally a charge card is usually considered the first credit card.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
Do credit card charges increase if you make a few late payments?
Depends on the credit card company. If you are constantly late with your payments you have to pay the late fee and some companies may charge you a higher rate.
What is the total amount of monthly credit card payments?
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.
How do you establish credit for the first time?
The best way to establish credit is to start with a secured card. With a secured credit card, your regular payments will be reported to the credit bureaus.
Do credit card companies report cash payments?
No, credit card companies do not typically report cash payments.
Do you accept credit card payments for small businesses?
Yes, we accept credit card payments for small businesses.
Is it legal for a credit card company to double the amount borrowed if you fall back on payments?
Credit card companies can charge what they like in fees. It's up to the user to make sure they use the card responsibly - and not default n payments. However - doubling the amount owed on the card is rare !
Do credit card companies report cash payments to the IRS?
No, credit card companies do not report cash payments to the IRS.
Can you close your credit card account and continue to make payments?
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
I-tunes charge to credit card?
You can have itunes charge to your credit card or buy a prepaid card either a itunes card or a prepaid credit card ...
What is the maximum limit for cash payments using a credit card?
The maximum limit for cash payments using a credit card is typically set by the credit card issuer and can vary depending on the card's terms and conditions. It is important to check with your credit card company to know the specific limit for cash payments.
