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A credit card allows you to borrow money from a financial institution to make purchases or pay for services, up to a predetermined credit limit. It enables you to manage cash flow by allowing you to pay for items now and settle the balance later, often with the option to pay in installments. Additionally, credit cards can offer rewards, cashback, and benefits like Travel Insurance or purchase protection, enhancing the overall value of using them responsibly.

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AnswerBot

1mo ago

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What is Vanquis and can they help with credit scores?

vanquis is basicly a credit card company that will give you a credit card regardless of your credit score. you will be able to get a credit card and will allow you to get a better credit score


Which credit card companies allow you to transfer balances from another person's credit card?

I believe Citicard allows this


What is a Merchants account Credit card?

A merchants account credit card is a special type of credit card that is issued from a merchant acquiring bank. These credit cards allow a vendor or business to accept payments from customers using a credit card.


Who do I owe money to credit card or bank if I get a credit card?

You owe the money to the credit card company. Some credit card companies are part of banks or they allow their credit cards to be used through a bank, but they are specific entities in their own right.


Can you get a credit card with no job and no checking or savings account and if so where do you look?

Start with a department store card. If you can't get that start with a "secured" credit card. It will build credit and allow you to apply for a regular credit card down the road.


Do most credit card companies allow one to transfer their balance from one card to another?

Yes, most credit card companies will allow one to transfer their balance form one card to another. However, this is not always a wise decision since the transaction will appear on the statement to the credit card company.


Can I get credit cards after bankruptcy?

It is possible to recover from a bankruptcy. You should start by getting a secured credit card to rebuild credit. After about seven years you should be able to find a standard credit card that will allow you to get a card.


What is the function of a credit card terminal?

The function of a credit card terminal is to provide a trader with the tools to allow a customer or consumer to pay for services or goods through credit cards as the credit card terminal allows for transaction through credit cards.


Can a credit card company garnish your wages in North Carolina?

No, N.C. law does not allow wage garnishment when it pertains to credit card debt.


How can one apply for a secured credit card?

One can apply for a secured credit card by phone or in person. Some banks also allow applicants to apply online on their website.A secured credit card is harder to qualify for than a regular credit card.


Is it possible to Venmo yourself using a credit card?

No, it is not possible to Venmo yourself using a credit card. Venmo does not allow users to send money to themselves using a credit card as a payment method.


What credit card processing companies are out there?

Credit card processing companies include iPayment, Square, and Intuit Payment Solutions. They are companies that will allow you to take credit cards for your business.