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Credit cards are very beneficial but come with some major responsibility. Credit cards can help you build credit, if you get one i recommend you use it to buy extremely cheap stuff then wait for the bill and pay it on time, keep doing that and you will build credit over time. They will give you a high limit of money sometimes in the thousands but again like i said huge responsibility DO NOT spend alot of money, buy small and cheap. If you choose to buy something big there will be interest added on and it will cost you much more money than you paid for the actual thing itself. You may not be able to pay how much they are asking and you will get interest added on and it will pile up and in the end it will mess your credit up very badly. So if you choose to get one be responsible it can make you have amazing credit over a period of years or it can cause your credit to drop so low it takes twice as long to build as if you would have just been responsible in the first place. So spend a year or 2 building it by spending wisely or you can screw it up and spend years trying to fix your mistakes.
What else can I help you with?
What is a virtual credit card and how does one benefit from it?
"A Virtual Credit Card is a Credit Card that exists solely online. One may benefit from it by not having to keep track of the location of a physical card, nor having to worry about their copy getting lost or stolen."
How does interest free credit cards benefit people?
Interest free credit cards benefit people by making it impossible for them to run into credit card debt. Even if they keep a balance on their credit card, which is most people.
What are the perks for doing credit card offers?
A person benefit from filing out credit offers in many different ways. Some of the ways that a person can benefit from filing out credit card offers is free travel rewards and cash back.
What is the benefit of having a balance transfer credit card?
The benefit of having a balance transfer credit card is that they usually are issued with no fee and a very low to 0% interest rate for the first year. Someone would get this type of credit card to transfer other credit balances and thereby cutting down on the time it takes to pay off the high interest rate credit cards.
If you add another cardholder to your barclaycard credit card will their credit go up as well as yours?
Actually if you add someone as an authorized user on your credit card, THEIR credit will go up but nothing will change with your credit. You are giving them the benefit of your positive credit history.
What is one benefit to using a debit card that is not a benefit of using a credit card to make a purchase?
With a debit card you can only use money that you put in a bank and with a credit card you are using the money from the credit card company which can lead to bankruptcy if you are not careful.
What is a virtual credit card and how does one benefit from it?
"A Virtual Credit Card is a Credit Card that exists solely online. One may benefit from it by not having to keep track of the location of a physical card, nor having to worry about their copy getting lost or stolen."
How does interest free credit cards benefit people?
Interest free credit cards benefit people by making it impossible for them to run into credit card debt. Even if they keep a balance on their credit card, which is most people.
What are the perks for doing credit card offers?
A person benefit from filing out credit offers in many different ways. Some of the ways that a person can benefit from filing out credit card offers is free travel rewards and cash back.
Is mileage or cash back a better benefit on a credit card?
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What are the benefits of a Wireless Credit Card?
The main benefit of wireless credit card is that it allows customers of mobile credit card processing and wireless point of sale system. This is also a faster method for customers
Where can I find corporate credit online?
INTRUST Corporate Credit Card OnLine. The Online service is provided for free as a benefit of the credit card. Online access is secure and unlimited.
What is the benefit of having a balance transfer credit card?
The benefit of having a balance transfer credit card is that they usually are issued with no fee and a very low to 0% interest rate for the first year. Someone would get this type of credit card to transfer other credit balances and thereby cutting down on the time it takes to pay off the high interest rate credit cards.
Could a prepaid credit card benefit your credit score?
There are many prepaid credit cards that can benefit your credit score. They usually charge you annual fees, but they report to all three major credit bureaus each month, which can help you get back on your feet if you have bad credit. No, they cannot. Your name and personal information aren't linked to that card and there are no bills to pay to prove your credit-worthiness. A secured credit card works similarly to gift cards and will improve your credit score.
If you add another cardholder to your barclaycard credit card will their credit go up as well as yours?
Actually if you add someone as an authorized user on your credit card, THEIR credit will go up but nothing will change with your credit. You are giving them the benefit of your positive credit history.
Where can a person find a credit card payment calculator?
There are many credit card payment calculators that can be found online. Contacting your credit card company and asking for advice might be a better idea as they have more experience and benefit from their clients having a healthy credit score.
What is the benefit of a good credit report when applying for a Capital One credit card?
A good credit report means that one who applies for a Capital One credit card can get a better deal. First, with a good credit report one can get an unsecured card instead of a secured card. Depending on how good one's credit report is one can get better features, lower interest, and maybe even a platinum card.
