 When can they send the Bailiffs round? |
I am currently in arrears with a few creditors. At present I have set up payments of a lesser value with them.
Can they only send Bailiffs round if you pay them NOTHING, or can they send ... |
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 How do I report tenant who defaulted on lease? |
| My wife and I lease out our first home to suppliment our retirement income. A tenant moved out with no notice several months before the lease expired and has ignored our letters to them. How do I ... |
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 I'm almost divorce..PLEASE HELP? |
| People, I know this might not be the best place to ask a question BUT please help me. I been married for 12 years to a very nice woman we were very happy, but I meet someone else, then we starting an ... |
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 Can a collection agency issue a judgement? |
| Can a collection agency issue a judgement more than once on the same account?... |
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 Help me fix my credit!? |
| How can I fix my credit report on my on without an attorney? Is there a form I need to fill out? Will writing letters to previous creditors help? I need to boost my credit score!... |
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 Should I file for bankruptcy or work with a debt management agency? |
| My husband was out of work for almost a year and I lost my job. We have almost 30k in debt on credit cards. We have never been late with payments but it is starting to get tight. Should we file ... |
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 Will my bank give me a secured loan with my car title? |
| I have terrible credit and I need a loan. I have a paid off newer nice car bought with cash. Do banks give small loans with the secured car title? I don't want a to go to a title place becuase i ... |
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 How do I find out my credit score? |
| From a legit place, not having to pay for anything (my info right?) and not having to sign up for anything....... |
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 Gave my credit card to a friend but got it back then became a victim of fraud whatare thechancesit wasmyfriend |
| My friend (someone who i was pretty sure i trusted) needed cash to get something.. not thinking about it i offered my credit card. He used it for a minute then came back out andgave it to me. When ... |
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 Is this loan a good idea? |
| We have 3 credit cards: Balance of 530 with 19.8%, 1640 and 1738 both at 29.99%. My hubby had cosigned for his older brother a car and we had to take it from him. It was in a wreck (hit and run) ... |
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 Question about mortgage interest rate....? |
Is 5.9% fixed a good rate?
Is it lower or higher than you're paying now?
Additional Details
30 or 40 year, my choice.... |
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 What are the easiest and best credit cards for someone to get-have OK credit history-noty excellent but okay.? |
Additional Details
sorry should of said I already had a capital one card....its maxxed out !!!
need another!... |
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 Does any one know where I can get a credit card without having any credit? |
| I really want to help a friend out when she is in a bind., her family does not have too much money and I will do anything for ... |
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 A Question About Credit Reports |
| Does anyone know how to get your credit report without having to have some kind of membership and where you don't have to use a credit card? (freecreditreport.com is NOT free!)... |
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nancy | What is the benefit of the bank to issuing Credit Card? |
I dont know what benifit bank will get for issuing credit cards. I have 3 cards,but some other bank persons asking me to take their cards also. What benifit they will get for issuing cards? |
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madamehatchet
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Believe me, banks are getting a TON on money off of your percentage rates (your APR) and if you have an annual fee, late fee, overlimit fee, etc. they are profiting off of that as well.
Banks love the credit card holder who pays their minimum payment every month because a good portion of the money sent in as payment goes to them (aka. your percentage rate).
Example, if you owe $100 and your minimum is $25, which you pay, if your percentage rate is 13.99%, about $21.50 is actually going towards your balance. The other $3.50 is in the banks profit. If you have a late fee, or over limit fee, your $21.50 goes to that fee first before it touches your balance.
It is complicated and there is so much more detail involved, but banks and Visa/MasterCard, etc.. are making plenty off of that credit card you have.
My suggestion, pay off your balance in full every month before your billing cycle ends. You can call your credit card customer service and ask more detail about this. If you do this, you will never pay a percentage rate on your credit card and while banks still make money off of you, they are not making as much and you will have more money in the long run. |
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Jeevan Kumar Mittal, 1956
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There are many hidden charges. Bank is doing nothing in free. You will get cards, bills, notices etc. |
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Shambhu S
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Credit card companies usually charge a fee from the merchent establishment - this is typically 3 % of transaction value. This helps the companies to give credit to card holders. You might have noticed that for payment to many places , typically hospitals and petrol pumps who do not give any charge to card companies, there is an extra charge varying from 2 to 3 %.
Another way by which the credit card companies make money is by allowing the card holders to pay in instalments, people do not realize that the interest on the outstanding may go up to 30 % plus taxes.
See, nothing is free in the world. |
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Prof. M
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There are a lot of defaulters. If no, the bank's men would provocate you and make default and would snatch more than 200% of your credits as a token of their sincere and sympathetic service to the Nation and Society. Be self-sufficient, Be content with what you have. They even use to say 1% interest, which means 1% per day or half a day. |
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dilip g
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THIS IS MARKETING CHAIN. SUPPLYERS BUSINESS INCREASES WITH CREDIT CARD THEY GIVE 3% COMMISSION TO CREDIT CARD ISSUING AUTHORITY/BANK. |
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ssunderagarwal
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Yes, you have asked a very good question. Let me explain you the benefits to bankers for issue of credit cards. The bankers gain interest when you do not pay in time. The prime gain to the bank is that when the seller collects money from the bank, they are paid 5% less than the amount of purchases you have made as their commission. Why it is so because when things are available on credit you purchase more and the seller gains 10 to 15% extra so the bankers gets their commission out of it. |
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See Saw
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they charge late fee charges, application fees, hidden charges etc and make huge money... |
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Gone fishin'
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Well eveytime you use a credit card to purchase something the credit card company gets a percent of the purchase price.
If you can't pay off the total amount on your card at the end of the month , the credit card company gets a chunk of interest from you. Once a year some credit cards get an annual fee from you just for the privelege of using their card and making them lots of money. I have one card so that there is only one bank raking it in. 3 cards is a lot of potential for trouble. |
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sameer m
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*no need to carry loads of money
*pay after certain period.
*fast n a copmac mean to pay money. |
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