Social Security, SSI, Veteran's benefits, and a few others are mostly exempt from creditor garnishments. The federal government CAN garnish these wages for taxes, spouse or child support payments.
No. No money means you can not pay for it . A credit card is a loan from a bank with a high interest rate.
it is the maximum amount of money you can spend on a credit card, and it is all based on your credit rating and income.
Money received can be income, payment for services rendered, credit towards a debt, etc.
A high credit risk is a person who owes a lot of money already or does not have a steady income. A low risk person owes little to no money and has a good, solid income.
The money for your monthly credit card payment typically comes from your bank account or other sources of income, such as a paycheck or savings.
If revenue (income of money) is a credit, then an expense (outflow of money) is a debit.
If revenue (income of money) is a credit, then an expense (outflow of money) is a debit.
The Earned Income Tax Credit or the EITC is a refundable federal income tax credit for low to moderate income working individuals and families. Basically, rather than withholding the tax, the money is available with your paycheck.
No. No money means you can not pay for it . A credit card is a loan from a bank with a high interest rate.
NO earned income credit is not safe from garnishment. It is the same as taking money out of your paycheck, if you owe, they remove funds from your account.
it is the maximum amount of money you can spend on a credit card, and it is all based on your credit rating and income.
A debit is money paid out or a loss, a credit in income or a gain.
Federal income tax
Money received can be income, payment for services rendered, credit towards a debt, etc.
Source of income is where your money comes from. Such as a job, or social security, or even your parents.
Source of income is where your money comes from. Such as a job, or social security, or even your parents.
If you are being paid for work with a card, it will certainly be considered income. It just depends on the source of the money--you will have to take it up with Social Security.