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How do credit card companies use a person's credit report...?

When a person applies for a car loan, mortgage or credit card, the lender determines if lending money to the consumer will be a risk. Credit scores are one way to help credit card companies make the decision to issue credit. To determine if that person should be given a loan or credit card (apex)


How can I transfer money using a credit card?

To transfer money using a credit card, you can use services like PayPal, Venmo, or your bank's online transfer feature. Simply link your credit card to the service, enter the recipient's information, and choose the amount to transfer. Be aware of any fees or interest charges associated with credit card transfers.


What is the best feature of standard chartered credit and debit card?

The best feature of standard chartered credit and debit card is the EMV chip


What is each credit card feature matched with its purpose A Annual percentage rate B Balance transfer 1 To build a good credit rating 2 To use one credit card to pay off money owed on a different card?

A.Annual percentage rateTo build a good credit rating.CB.Balance transferTo use one credit card to pay off money owed on a different credit card.BC.Secured cardTo use a credit card to get money from a bank machine.DD.Cash advanceTo charge interest on unpaid balances.A


Is it possible to deposit cash into a credit card?

No, it is not possible to deposit cash directly into a credit card. Credit cards are typically used for making purchases and borrowing money, but they do not have a cash deposit feature like a bank account.


What is a secured credit card?

a credit card that is secured by a deposit of your own money


Can anyone get a credit card?

if you have money you have to pay for a credit card


Can you transfer money to a credit card?

Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.


How is the Walmart Money Card different from a normal Visa credit card?

The Walmart money card is different from a normal Visa credit card because an individual has to deposit money on the Walmart card before he or she can purchase items with the card. Whereas the Visa credit card already has money on it, or a certain amount of credit.


Can you wire money directly to a credit card?

No, you cannot wire money directly to a credit card.


How do you know if your credit card is secured?

A secured credit card is a card on which you load money to be used by you. You will know if your credit card is secured if you must put money on it to use it.


How can I use a credit card to deposit money?

You can use a credit card to deposit money by transferring funds from your credit card to your bank account or by using your credit card to make a cash deposit at an ATM that accepts credit card deposits.