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Can a credit card company hold you responsible for a credit card if no application contract or agreement of terms exists?
If a card was received and used by the named person then a contract is implied and there does not need to be a written, signed agreement.
What happens when you make a purchase using a credit card?
When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.
What is a revolving credit agreement?
A revolving credit agreement is a legal contract between a lender and a borrower whereby the lender agrees to lend up to a certain amount to the borrower for some period of time. The borrower agrees to make minimum periodic payments during the time that the revolving credit agreement is in force and pay off any balance due at the end of the contract period. Many revolving credit agreements automatically renew after the agreed period (unless the credit circumstances for the borrower have radically changed). An example of a revolving credit agreement is the credit card. A credit card has a credit limit ("up to a certain amount" or "maximum"), an expiration date ("some period of time") and minimum payment requirements ("minimum periodic payments"). Most credit card agreements are renewed before the original agreement (the card) expires.
How much money can you spend at a time with a credit card?
That depends on the agreement you have with your bank. Ask them.
Is it legal for a credit card company to lower your limit after you make a large payment?
Read your card agreement and it will spell out what terms you are under
Can a merchant charge a credit card in advance?
If that is the agreement.
Can a credit card company hold you responsible for a credit card if no application contract or agreement of terms exists?
If a card was received and used by the named person then a contract is implied and there does not need to be a written, signed agreement.
Is a credit card contractual agreement enforceable if there is no signed copy of the card agreement in existence and can a contractual agreement exist only by the signing of the card and its use?
If there is no signed agreement then it is unenforceable as all of the terms relating to the contract are within this agreement.
What happens when you make a purchase using a credit card?
When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.
Is there a Statute of Limitations for Credit card debts in Kentucky?
Debt collection in Kentucky is the longest time frame. The creditor has up to 15 years to collect on a written agreement. They have 5 years for an Oral agreement or Credit Card.
Does a lease agreement be a verbal agreement?
No it doesn't.
How long do you have to dispute a credit card charge for an airline ticket?
This depends on the credit card. Check the cardholder agreement that was sent to you with the card or call their customer service number, usually located on the back of your card.
If your credit card lists only a business name on it do you sign the business name or do you sign your personal name?
Call the credit card issuer for their requirments or look for this answer in your card holder agreement.
What is a revolving credit agreement?
A revolving credit agreement is a legal contract between a lender and a borrower whereby the lender agrees to lend up to a certain amount to the borrower for some period of time. The borrower agrees to make minimum periodic payments during the time that the revolving credit agreement is in force and pay off any balance due at the end of the contract period. Many revolving credit agreements automatically renew after the agreed period (unless the credit circumstances for the borrower have radically changed). An example of a revolving credit agreement is the credit card. A credit card has a credit limit ("up to a certain amount" or "maximum"), an expiration date ("some period of time") and minimum payment requirements ("minimum periodic payments"). Most credit card agreements are renewed before the original agreement (the card) expires.
Is it legal to use husbands credit card he filed for divorce stay at home Mom for 9 years just went to work everything is in his name I have no money but need a lawyer?
The legality of using a credit card is based on state law and the credit card agreement between the issuing bank and the holder. Its not a yes or no answer. You would have to contact the bank on the back of the credit card and learn what the agreement was in your case.
Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?
No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).
Credit One bank wants a letter from my bank to show that i am an authorized signer on an account that i use to pay the credit card with my bank says they don't do letters what do i do?
Send them a "copy only" of your credit card agreement that you got from the credit card company that won't do it for you.
