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Their credit history is better perhaps. They might pay all their CC bills monthly and pay them down to zero.

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17y ago

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Why does a person keep transfer credit card balance to another before it catches up with him?

To transfer from a high interest credit card to a lower interest credit card


Can someone on a J1 or J2 apply for a credit card if they have collatarol in another country?

For a credit card simply collataroled in another country - boy...


What does it mean to transfer credit card balance?

To transfer a credit card balance means to use the available credit on one credit card to pay off the balance of another credit card. This is often done by credit card holders to pay back a balance at a lower rate.


Is it possible to transfer credit card debt to another person?

No, it is not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.


Is it possible for you to transfer credit card debt to another person?

No, it is generally not possible to transfer credit card debt to another person. Each individual is responsible for their own credit card debt and cannot transfer it to someone else.


Can you transfer a balance on one credit card to another with a lower interest rate?

If you have good credit, you can transfer your balance from one credit card to another one with a lower rate. You should be aware, though, that low introductory rates may expire after some period of time.


How does someone pay for another person's credit card with their credit card?

Phone the person's card company - tell them you'd like to make a payment - then follow their instructions.


Is it possible for you to transfer a credit card to someone else?

No, it is generally not possible to transfer a credit card to someone else. Credit cards are issued to individuals based on their creditworthiness and financial history, and cannot be transferred to another person.


Can you pay your credit card bill by another credit card?

Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.


Can business credit card debt affect my personal credit card balance?

A business credit card debt can affect someone's personal credit card rating. A credit report for an individual is processed by activity of one's overall credit. This means that having debt for a business credit card can hurt a person's chances of receiving lower interest for a home finance loan.


What is a consolidation credit card?

A consolidation credit card is a credit card someone will pick to use as their sole credit card for everyday expenses which typically has the lowest interest rate or the best benefits such as cash back or miles rewards programs. Also, if someone has other credit cards with higher interest rates, they can often transfer balances and "consolidate" them onto a single credit card with a lower interest rate, therefore lowering their monthly payment, costs and in essence, making the card a "consolidation credit card".


Can you send credit from someone to someone else?

No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.