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 What is APR on the credit card and if you have a credit card, do you have to pay if you dont use it?
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 If your boyfriend filled for bankrupcy..how long does it take to get off your credit & how badley is it ruins?
My boyfriend filled for bankrupcy about a year ago right before i meet him...but now we are talking about marraige and iam scared becuause my credit is almost perfect and iam afried all those years ...


 What can one do to resolve paying 5 credit cards at a time?
My brother is paying 5 cards at a time and I think most is just interest.What can he do besides consalodating?...


 If you're unable to pay a payday loan (cash advance), what action does this result in? (see details)?
(in Virginia)
Does it result in a civil case (law suit), or can criminal charges be brought against you for writing a bad check?
Additional Details
No one can garnish your wages ...


 My credit rating is over 750. How can I raise my credit rating higher?
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 Where can I get a good credit card (no large fees) if I have NO CREDIT?
I have a card with my name under my mothers account, (she pays the bill) so I was told that it doesnt count as anything. She has very good credit, and so will I, although how do i prove it? Its time ...


 Bad credit score?
Can someone who is single and never been married before have a bad credit score? So bad that they almost weren't offered a loan for a car at the car dealership? And then when they get married, ...


 I'm 15 and have a debit card, and it doesn't work, is it because I'm under 18?
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 Which is the best credit card, the American Express or discover credit card?
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 Tell me some one who a know this...?
i'm membe treasure trooper.com. i want to earn mony refer this msg to my friend. so if you know the step plese tell me... thank you !!!!!!!!...


 Any such thing as loan sharks?
Really I mean is there actually any loan sharks out here ?? You know not in Nigeria or scam artists. Seriously I see people putting posts in asking for loans and quite frankly the responses for one ...


 Does anyone know if it is possible to get a bankruptcy removed form your credit report.?
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 Credit card help?
I just recieved my credit card in the mail. I have a $400 limit, and a $80 cash advance. I am still learning about credit cards. If I need to make a cash advance will I have to pay apr, interest ...


 Do u ever know what is the cheapest thing on earth?
Just Tell me......Course I can't find one..........


 Is it possible to ask for a "credit decrease" on my credit card?
My credit card has a $500 limit, but I'd rather have it at around $300 so I'm not tempted to spend the whole $500. If I ask them to make my credit limit 300 instead of 500... can they do ...


 Need a loan but have really bad credit. Where can I get a loan? serious answers only!!!!!1?
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 I received a check for $2900 for employment with shadowshopper ste387 Has anyone else? do I cash it?
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 My credit score is in the poor range like 500 or so. I owe about 1700 in debt. Im about to pay 500 of it now?
the remaining 1200 i will pay monthly hopefully have paid off by october. ( i got 500 back from an old employer ) How soon will my credit score be impacted. Its been a year since my last late pay. I ...


 I want a prepaid debit card for online purchases only. Where do I find one?
I do not want any credit checks, I don't want to give out my SSN or real name, I have no problems with giving out my address for shipping purposes, but I've been burnt and I will not use my ...


 I have bad debts for my credit card.?
I was in prison for 2 yrs.My credit card was about 25k, after my release it jump up to more then 50k. Altogether 5 banks. Can I still get a bank to settle all my previous debts. Because to pay one ...



Tim F
Why do credit card companies give out rewards?
Is it because more people are likely to get into debt, or because those companies want to dominate financial transactions?
Additional Details
Please, look at this from the perspective of paying off the card each month. I guess you are gaming the system then.
                     
 




Steve R
The bank still makes money from you due to the transaction fees that they impose on the seller. transaction fees on MC and Visa have gone up in the 2-3% range on every transaction. MC and Visa give you 1% back on everything. Special cards can give you up to 5% back on certain items, like gas or cell service. I still make money on them since I pay in full each month.


Mr. G
Rating
Credit cards give out rewards for the same reasons that stores have sales. It is to drive the usage of their cards up...and thus their overall profits.


dantiuspalaptine
Rating
So you don't feel so bad paying the bill....

Please answer the question:

http://answers.yahoo.com/question/index?qid=20080131214743AAzV6Za&r=w


Jeffrey F
Rating
Credit card companies make their money from interest and fees.....in that order.

If you are rewarded a few pennies per dollar spent, they can realize 15-22% interest per month on your balance owed......Paying you 8 cents to get $1 back isn't such a bad deal


Bardy
The best reward is to pay the full amount off your card every time you use it and incure no interest. I have the convenience of credit but no interest to pay.


idiotzaint
Rating
what they call a reward I call..." taking me for an IDIOT!" They send me a 8 dollar check and only thing......I'll be signed up to have $10.00 a month charged to my card? Real tough decision. Do I take the 8 and pay them 120 or do I throw away this reward envelope?


christina222
customer loyalty. If you are getting "cash back" you are less likely to change card companies.


SBryantDenn
They want you to spend spend spend and not pay it back..


larry
Rating
they want u to owe alot so you have to pay more interest charges


woody
the rewards are minor compared to the interest charges. many are not applicable unless you carry a balance


street4success
Christine is right. It's all about customer loyalty...trying to be "different of better" than everyone else in the credit card industry. Some customers value them highly, others don't. Marketers are always trying to find ways to get more customers and KEEP them.


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