 Can't pay interest on credit cards - what happens if I don't? |
| I have debt so extreme now that I can't pay the interest on my credit card bills. I used to have excellent credit (780!) two years ago, and then my life fell apart - husband trouble. What will ... |
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 Credit card application declined, does that go on my credit file? |
| I applied for a credit card with a bank it was declined I want to go through another bank with a slightly different application ;) would the other bank be aware that I have recently be declined by ... |
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 I just turned 18 and want to apply for a credit card, i have no credit history, what do i do? |
| I have applied for discover and have gotten turned down and also a visa from bank of america and am still waiting.what would you recommend i do?... |
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 In U.K got letter saying I have a bank charge to be paid by certain date, thought they were illegal now? |
| shall I pay and contest it later or not pay it? If I don't pay it will they try and tack on another charge?... |
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 Best Credit Card ?? |
I am living in Mumbai. Can u give me a comparison of different credit cards...in terms of their...
1. registration & maintenance charges.
2. cash back details
3. their reliability<... |
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 I started out early in life no knowing how important good credit was.Can I ever recover from bad credit? |
| In my twenties I got things on credit and really didn't care if they were paid or not.Now that I'm in my late thirties I feel the need to improve and really have things that I need.I was ... |
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 Advice on consolidationg credit cards? |
| I'm seriously thinking about consolidating my credit cards. This would be my first time and there are so many options as far as which bank to go to. Does anyone have any advice?... |
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 How can I get a good used car with poor cerdit.? |
| I was not tought how to maintain good credit. So I have made mistakes with poor judgement. Now in my time of need I don't know what to do. Help, I'm a single mother of two who really ... |
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 Dose inquiries effect your credit score? |
And How can you find a web site for free credit score without adding a credit card or have to pay?
Additional Details
Does not dose, Sorry for spelling.....LOL... |
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 I think I'm being ripped off? |
| Hey does anyone know if it's legal for a collections agency to double the amount of a past due balance? I just found out that a relative didn't pay a cell phone bill I got for them in my ... |
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 Would you like being a cashless society? |
Your money is now a credit accessed electronically everywhere you want or need to spend. Would you like it better? We are heading that direction.
Additional Details
wow, I was just ... |
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 Can a 14 years old boy can already get a credit card??? |
| can a 14 years old boy can already get a credit card like VISA, MASTERCARD and others...... |
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 What is the difference between secure and unsecured credit? |
| I hear about it all the time but really don't know the difference between the two. Could you also give some examples of both? Thanks for the help!... |
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 Advice on establishing credit? |
| I'll be 19 years old come May. I am a freshman in college and I have about $11,000 in the bank in stocks and other areas. It's making me some nice interest. My current job brings me about $7... |
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| Am I secretly the type of borrower creditors love? |
| I consume a lot and up to my armpits in debt. I always make my payments with the occasional late fee added on. I pay over 2000 in interest each month but I still get treated like a bytch by my ... |
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 Why can't I get a credit card? |
| I am 19 years old and a college student. I want to get a credit card to establish credit and to help later down the road in life (like a car or house). I don't have a job, but can pay for ... |
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Nacho | Is it cheaper for a merchant to process credit or debit? |
In general, which results in fewer fees for them, and what is the benefit either way for me?
Additional Details
My bank (credit union actually) does not charge a fee for card use, whether it gets run as debit or credit, so I am looking only to see which costs the merchant less. |
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AoK
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Hands down it's better for the Merchant to process as many transaction as a Online Debit with pin entry as online debit charges a set fee per transaction. Depening on the cost of the item/items normally anything priced at or above .75 will start to be cost efficient to process as a online debit again the key is one fee as compared to a discount fee on the total order in a credit or off-line debit transaction (ie.signature/check card/no pin). Discount fees on merchant accounts average 2-3% hope this can help... |
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Rio
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In the US it is cheaper to use a credit which is why banks prefer debit. Debit makes more for the bank. In Europe it is backwards with it being cheaper for stores to debit. There aren't any real benefits for us either way unless you get rewards for using your card a certain way. Merchants tend to prefer credit though. |
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nt4dog
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in my business its cheaper to process it as a credit but by a few pennies only. there are different companys and they all have different rates so we went with this plan cause it seems to be better for us. |
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javaKat
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They usually have to pay a dollar for a credit transaction. thats why some have minumums. Depending on your bank, you may get charged for debit cause the bank has to do the paperwork, but if you use your bank card as credit, then the credit company has to do the work, therefore no charge from your bank! I always use my card as credit, because I get no direct fees that way |
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kevinmac9999
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Debit...here is something no one knows...Sometimes you will run into a merchant who will not run your card as debit unless you purchase something that has a minimum cost...like they wont let you buy a 5 cent piece of candy. This is because they are loosing money. This is breach of contract, because the majory credit cards have it written in their contracts that the merchant must accept all transations reglardless of price if they agree to use debit to begin with. So next time you try to use a debit card for a low purchase and are denied for that reason, tell them to get out their debit agreement with the card you are using. |
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Charmin Prince
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Debit because they don't have to worry about waiting, the money instantly becomes their's once it says approved after you enter the pin code. |
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kristinahiggsb2b
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debit for sure, have u ever noticed the sign stores have that state minimum $5 for credit card purchase?! |
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♥Love♥
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Debit I think |
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Sarah B!!!
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debit,
customer? money right out
owner? cheaper rates |
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Wonderer
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I was in a store once when they were training a new cashier, I heard the owner tell him to ask if a card is debit or credit and try to push the use of debitcards because there are no fees involved. They definitely pay fee for accepting credit cards. As for the consumer the benefit is whether you want to pay for it now or later. If you use debit it's like using cash which is immediately removed from your account. If you use credit it will show up on your next credit card statement and if you don't pay those in full every month, it could end up costing you more than what you could get it for right now, especially on sale items.Personally I think debit is better all around if you can afford the item right now |
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Curtis R
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between 4-10 % |
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