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A Credit Card that is overpaid...they send you a statement on a monthly basis stating a negative balance. (-1.00) You will not receive interest or anything. It will sit there until you use your card again. If you have had any hassles with your Wal-mart, Zellers, Sears cards... here's a little food for thought. Overpay them by 10 cents and they are legally bound to send a statement of balance (+ or -). It cost them more money to send you a statement every month. I don't recommend this to all credit card issuers, but if they send you a bill for that interest that occurred of 57 cents when you paid off your card... those are the one that deserve this!!!
What else can I help you with?
What happens if you pay more than your credit card balance?
If you pay more than your credit card balance, the extra amount will be credited to your account and can be used to offset future purchases or reduce your next bill.
What is the definition of credit card debt?
Credit card debt occurs when a consumer uses their credit card in excess and are unable to pay the bill. Often times the consumers has more than one credit card and they use them all and get into more debt.
Is it possible to do a balance transfer for more than you owe on your current credit card?
No, it is generally not possible to do a balance transfer for more than the amount you owe on your current credit card.
How can i improve my FICO score?
Pay your credit card billls on time. Keep more than 50% of your available credit on the card unused. Also, do not have more than a couple credit cards outstanding under your name.
How long will credit card default affect your credit?
7 years, no more than 10.
What happens if you pay more than your credit card balance?
If you pay more than your credit card balance, the extra amount will be credited to your account and can be used to offset future purchases or reduce your next bill.
Where would I get information on applying for a platinum credit card?
A platinum credit card is a credit card which usually has a higher than usual credit limit. Also it has more advantages than a standard credit card or a gold credit card.
What is the definition of credit card debt?
Credit card debt occurs when a consumer uses their credit card in excess and are unable to pay the bill. Often times the consumers has more than one credit card and they use them all and get into more debt.
Is it possible to do a balance transfer for more than you owe on your current credit card?
No, it is generally not possible to do a balance transfer for more than the amount you owe on your current credit card.
How can i improve my FICO score?
Pay your credit card billls on time. Keep more than 50% of your available credit on the card unused. Also, do not have more than a couple credit cards outstanding under your name.
How long will credit card default affect your credit?
7 years, no more than 10.
What happens when parents die and their debt is more than the assets by over 60000 in credit card debt and is this debt cancelled?
the debt dies with them... you owe nothing
Do the advantages of credit outweight the disadvantages of credit?
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
What is the difference of using a goodyear credit card instead of a credit card from a bank?
From what I have read the Goodyear credit card is mainly for the Goodyear stores that sell tires. You receive more incentives using the card at the Goodyear store than if you used your regular credit card from your bank.
Can you get a credit card with bad credit?
Yes you can! If you can afford to place a security deposit of $200 or more you can get a secured credit card. You are guaranteed approval for a secured credit card regardless of how bad is your credit and what is your income. There is also a chance that you might be able to get an unsecured credit card, if your credit is closer to fair than bad.
what is the better credit card?
Credit card is better than Case.
How does one get out of credit card debt?
There are many steps to get out of credit card debt. The first step is to pay off more than the interest of the card. This can be done by sticking to a budget.
