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unsecured debt

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13y ago

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Are credit cards considered to be money?

Although many people treat them as such, no, credit cards are not considered to be money.


Are credit cards considered unsecured loans?

Yes, credit cards are considered unsecured loans because they do not require collateral to be approved for a line of credit.


Are credit cards allowed to be claimed in Bankruptsy?

Yes, credit cards are considered debt also.


Is credit card and debit card considered as a cash?

No, credit cards are loans and debit cards are checks.


Are Credit cards are considered secured debt?

yes


How do you hack credit cards?

You don't, that is considered identity theft.


What is statute of limitations in AZ for credit cards?

Credit cards are considered Open Ended accounts. In Arizona, they have three years to collect or bring suit.


I filed bankruptcy for my credit cards my wife has her own credit cards in her name am I obligated to pay her credit cards also when we get a divorce?

If your name is not on the account, and the account is not considered a "joint account" by the credit card company, then you should not be held liable for any debt on your wife's credit cards.


Are cash back rewards from credit cards subject to taxation?

Yes, cash back rewards from credit cards are generally considered rebates and are not subject to taxation.


How do gas cards work are they considered cash or credit?

Give it to the cashier as a ATM.


What are the three types of credit cards available in the market today?

The three types of credit cards available in the market today are secured credit cards, unsecured credit cards, and prepaid credit cards.


Why do credit cards considered money or not considered as money?

Because money consideration is granted credit into card formation bedfellow however the consolidation of the derivative card of credit is pennywise but pound cake foolish