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If the payment is not made on the credit card by the end of the grace period will occur?
Wiki User
∙ 6y ago
If you don't pay off the card by the end of the grace period - you'll pay interest on the outstanding balance.
Wiki User
∙ 6y ago
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What is letters of credits?
Letters of credit is a binding document that a buyer can request from his bank in order to guarantee that the payment of goods will be transferred to the seller. Basically, a letter of credit gives the seller reassurance that he will receive the payment for the goods. In order for the payment to occur, the seller has to present the bank with the necessary shipping documents confirming the shipment of goods within a given time frame. It is often used in international trade to eliminate risks such as unfamiliarity with the foreign country, customs, or political instability.
What are the interest rates on credit card?
Interest Rates on credit cards, comes from banks or credit union that provides to the consumer borrowed money, this over a period of time that the money is borrowed. When the consumer has not paid back the borrowed money in the time that was agreed, then occur a calculation of the interest base on the credit of the consumer ( or card holder) and this represent the bankers profit. Interest rates can vary from 7 to 35%. This Interest Rate is an annually basis or APR and this fee is for the privilege of borrowing money
How does one receive bad credit for a bank loan?
One generally doesn't receive bad credit for getting a bank loan. A bank loan can be denied though, if one has bad credit. Bad credit can occur if one does not pay credit card bills on time.
What is the difference between pre foreclosure and foreclosure?
Pre-foreclosures occur when homeowners are in arrears on their mortgage payments. The pre-foreclosure period is, in effect, a grace period warning a homeowner that foreclosure is the next step if the mortgage is not caught up.Foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a court ordered termination of a mortgagor's equitable right of redemption.
Does interest accrue on credit card debt after card holder is deceased?
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
What is the best definition of the word epoch?
a particular period of time marked by distinctive features, events, etc.: The treaty ushered in an epoch of peace and good will.~I do not plagerize~ ~Credit to Dictionary.com~
Did the renaissance period occur after the medieval period?
yes
What is heterozygouse and when does it occur?
I'll be expecting payment!!! =] Nt really =p
Did the Medieval Period occur before the Baroque Period?
yes.
What period did the formation of the oxygen atmosphere occur?
The Ordovician Period
When did your time period occur?
eeeweeddddd
What changes occur from the pre adolescene period to adolescene period?
prenatal
By law how many days does your payment have to be late for a reposession to occur?
Usually one.
The number of births that occur in a period of time in a given area?
A birth rate is a number of births that occur in a period of time in a given area.
How often does a period occur?
About once a month
When did the Classical Period occur?
700b.C- 200a.d
Can pregnancy occur without period?
YES!
