 Should I settle my debt of pay it in full? |
| I am 10 k in debt and haven't paid on any of it for over a year. I know that if i make a settlement that it will show on my credit just as that and not paid in full. I think i can cut the amount ... |
|
 What does "Principle" mean when dealing with loans? |
It's hard to find the definition. I have looked it up before posting here, but can't find it.
Thanks in advance.
(I do vote best btw)... |
|
 When a credit card had "check ID" on the back, what do I need to look for on the license? |
| I know that the face need to match the person, and the name on the credit card needs to match the name on the ID. Is that it? Or do I need to check anything else?... |
|
 Hey can anyone tell me where i can get a loan for 3000 dollars please help? |
| hey im unemployed have good reefences but bad credit rating im after a loan of 3000 dollars does anyone know where there a website that will loan me the ... |
|
 â–º Whats the best way to build my credit? Right now I have NO credit at all? |
Im 21 and have NO credit.
Im also a college student and have no job (hence no money, lol). I graduate next year (May) and will need an apt and car, but right now I dont have any credit. What ... |
|
 I was served papers for an overdure credit card? |
Okay so I got served papers for an outstanding credit card debit.
The balance is now $6,000, but the credit limit qas $2,000. I had called the company several times to try and set up a ... |
|
 Suggest credit card good one? |
| which credit card is good?... |
|
 Capital one card? |
| iv just been offered a capital one card and can have up to 2500 pounds say i spent all of that what what kind of payment would they want each month and are capital one a good card company to go with ... |
|
 Is it dangerous to give ur credit card number online? |
| ok i have never bought anything online.....but i really want to pre-order the 4th book of twilight series online at amazon.com and they ask for u credit card number over there.........is there any ... |
|
 Is it better to pay off current non-delinquent debt or my spouse's past credit delinquency? |
| We are trying to clean up our credit scores and are about to come into some money. We know we need to pay off some debt, but are unsure whether to pay off old delinquency's or if it is better ... |
|
 I am trying to apply for a loan asap, but i am not on electoral roll..? |
i am really distressed at the moment as i need to borrow money urgently.
please help me, my car is on my name and so are bank statements,
thank ... |
|
 Is it a good idea to borrow money? |
| Is it a good Idea to borrow money of your bank, and your friends or family?... |
|
 Seriously in debt and living in fear? |
| What are the chances of a couple lasting that are seriously in debt? They have already broken up 3 times in 6 years. They both owe 7 years back payment in taxes plus 60,000 dollars each on other ... |
|
 What are the loopholes in which I can make my credit rating erased or much better then they are today? |
| My credit rating is bad, and I don't know what I owe from the past, how do I find out and what to do about my bad credit. I have been told there are loopholes in fixing my bad credit rating, but ... |
|
 How does bankruptcy affects cosigners? |
| I am considering filing for bankruptcy, but I have cosigners on equipment I leased for my business. Is there a way to file without involving my cosigners? I would be filing for personal bankruptcy ... |
|
 How long does bad credit follow you?Can and old bad debt resurface? |
| I was told bad debt may linger or re-surface when debt is sold to a collection ... |
|
 Can debt collectors do this? |
| Okay I have a credit card that I haven't paid on in a year. I did try to pay it off last February in full because they sent me a letter saying I need to pay by the 14th. I called and said I ... |
|
|  |
sami_sam | If you pay of a credit card, and then get a refund, what happens? |
So I have a credit card with a fairly high APR with a $200 balance on it. If I pay it off completely, and then end up getting that money refunded to me, what happens to my account? does it make my limit higher? would it say I have a negative balance? will it just go back to whoever gave me the refund?
I want to pay it off, but I dont want to lose the money if it gets refunded to me... what would happen? |
 |
 
stephenweinstein
|
You do not lose the money. Your balance would be negative (although it would continue to be reported to credit bureaus as zero, because they care only about what you owe, not about what is owed to you). You could then charge some stuff, up to the amount of the refund and not have to pay any money. I once (by mistake) made more than the balance on a card and was able to charge things for months without sending any payments. |
|
H. A
|
Generally, a refund will be applied to the balance on your credit card account. If the balance is zero, you will have a credit of the $200. and you will now have $400. to spend. It will not automatically increase your line of credit with the card issuer. If you don't use the card within sixty days, the credit card company will refund the credit balance to you and you will still have the original line of credit. That would be a good time to request an increase in your line of credit with them. The card company will not automatically send you the refund as law gives the ability to keep it for up to sixty days and in some states longer, but eventually, it will be refunded. You could also request a cash advance against it and you shouldn't have a problem getting that which would be much faster. |
|
hazel a
 |
It will not increase your limit, but you will have twice as much available credit due to your credit balance of Two hundred. Go ahead and use it up or request a refund check, as if you don't it could take up to ninety days for them to send it to you without you requesting it. You could just get a cash advance for the credit balance at your bank. It will not go back to the entity that gave you the refund, because that would wipe the credit out, it goes back to your card issuer, and is yours to get out or let ride, or whatever. It also may be a good time to request an increase in the card balance as you never want to use more than about a third of your total credit line, and certainly never more that just under fifty percent; because by doing this you will get the best credit scoring on that account. |
|
pinkyismygirlfriendniluvhur
|
it shows a balance that they owe you
you can call em and request a check |
|
kandmsnapshots
|
usually, you get the refund whatever way you make the purchase. such as, if it was purchased on a credit card, it will usually go back on the card. certain times you may receive a cash refund, if thats the case, your credit card company will still charge you for the purchase, but you will have the cash in your pocket. |
|
spencer
|
the money goes back on your credit card |
|
dpilipis
 |
You won't lose the money. It will post as a credit to your account (a negative balance). You can call and have it refunded to you. |
|
girlonline64
|
You will get a credit on your account if you get a refund put onto your card. |
|
Mia
 |
You receive a credit for the refunded amount. If you don't us the credit card, then after about 60-90 days, they mail you a check back for that amount. |
|
Cutie
|
you will not lose the money. It will show you are negative |
|
tlbs101
 |
You'll end up with a negative balance on your statement (a 'credit'). If that negative balance lasts for more than 30, 60, 90 days (depending on your credit-card company), then they will issue you a check.
OR, you can spend the money by buying more stuff.
The bad thing about it: while they charge you an arm-and-a-leg for interest, they (usually) don't pay you interest when you hold a negative balance, or when they do pay interest it isn't anywhere near what they charge.
. |
|
sakuramiko16
|
The payment will be taking off the credit card. Almost like you never bought the thing in the first place. |
|
Mel
|
Pay it off will just show as a negative balance on your card so if your limit is $1000 and you get a $200 refund in reality you have $1200 limit. but only until you negative balance is used then back to $1000 |
|
Megan
|
it will either give you a negative ballance or maybe the store will give you a cash refund. OR maybe you can get ur cc co to send you a check. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 12 minutes(s) ago
| | | |
14 | 40 minutes(s) ago
| | | |
13 | 2 hour(s) ago
| | | |
14 | 6 hour(s) ago
| | | |
14 | 8 hour(s) ago
| | | |
14 | 2 day(s) ago
| | | |
14 | 2 week(s) ago
| | | |
14 | 2 month(s) ago
| | | |
14 | 4 month(s) ago
| | | |
14 | 9 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
