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Can your existing credit card companies pull your credit?

Absolutely. You authorized additional pulls of your credit when you established the account. This is not only legal, but customary. Credit card issuers periodically check your credit to see how you are managing your financial obligations. If they notice late payments on other credit accounts, they can use clauses in your contract to raise your interest rate, even if you have never paid THEM late. They also perform an inquiry into your credit report in conjunction with an increase of your credit limit.


What are the important dates to keep in mind when managing a credit card?

Important dates to remember when managing a credit card include the payment due date, statement closing date, and the date when any promotional offers or introductory rates expire. Missing the payment due date can result in late fees and damage to your credit score, while not being aware of the statement closing date can lead to unexpected charges. Additionally, being mindful of promotional offer expiration dates can help you avoid higher interest rates or fees.


What are 3 mistakes that borrowers make when managing credit cards?

1. They often don't pay off the balance before using the card again. 2. They don't realise how much interest they're likely to pay each month. 3. They sometimes ignore late payment letters - incurring extra charges.


How late is late in paying rent?

30 days


What do you call a person who always comes late?

Someone who is always late is called tardy, a procrastinator, and terminally late.