I doubt you'll find anything for free, but an alternative to a credit card would be a prepaid debit/credit card, or Western Union. If you open a checking account at a bank, some offer free checking with a debit card that can be used as a credit card for electronic transfers. Some also offer wire transfers from the bank to approved creditors for more convenient bill paying.
You can also use PayPal, MoneyBookers, and a few other companies that handle free electronic money transfers. You will have to have a bank account to participate, however.
Yes, car payments can be transferred to another person through a process called a loan assumption or a loan transfer. This typically involves the new person meeting the lender's credit requirements and agreeing to take over the responsibility for making the payments on the car loan.
It shows on your credit report even before they start making payments.
No. Only the lender can "repossess" a vehicle. You need to keep making the payments to protect your own credit. It is likely you would need to bring a court action, prove you are making the payments and petition the court to order a transfer of title.
EFT payments, or Electronic Funds Transfers, are a way to transfer money electronically from one bank account to another. This can be done through online banking, mobile apps, or automated systems. The process involves the sender initiating the transfer, which is then processed by the banks involved, and the funds are deposited into the recipient's account. EFT payments are secure, fast, and convenient, making them a popular choice for various transactions.
Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.
You can be in credit on a credit card by making payments that exceed the amount you have spent, resulting in a positive balance on your card.
By using them & only making the minimum payments.
You can put money on your credit card by making a payment through your bank's online portal, mobile app, or by visiting a branch. You can also set up automatic payments or transfer money from your checking account to your credit card account.
Making extra payments on your debts can help improve your credit score by reducing your overall debt and lowering your credit utilization ratio. This shows lenders that you are responsible with your finances and can help boost your credit score over time.
Creditors will often take into account how responsible a person is in making payments on their loans and credit cards.Making payments on time, keeping your credit utilization low and establishing a solid payment history are some actions that can have a positive impact on your score.
Start off first by getting a Sears, Target, Circuit City or similar in-store credit card. After making purchases and payments on that for six months, you should become eligible for small limit credit cards. Keep making purchases and payments on all credit and shortly you will have established a ground credit. DO NOT GO OVER LIMITS, MISS PAYMENTS, OR INQUIRE INTO TOO MANY CREDIT ACCOUNTS.
No. They can't put you in jail.