answersLogoWhite

0


Best Answer

responsibilties of using credit card

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are three responsibilities that come from using credit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What credit card company gives extra credit after three months?

There are no companies that give extra credit after three months. First of all, credit cannot be associated with credit cards. Second of all, if one is referring to rewards, then most extra bonus rewards come from purchases within the first 3 months, not after.


Can late payments come off your credit report?

Yes late payments can come off your credit report. They can be removed by either the original creditor that put it on there or by the credit bureaus. You can dispute late payments on your credit report with the credit bureaus using the Fair Credit Reporting Act. The FCRA requires the credit bureaus to contact the creditors to verify the late payment. If the late payment isn't verified it must be removed.


What are the best three credit cards available for students with no annual fee?

The best credit cards for students come from the top credit card companies. No annual fee cards are available from Citibank and Discover, and Capital One.


How is a FICO Score different from a Credit Score?

FICO stands for Fair Isaac Corporation, which is a company that calculates the credit score that most creditors use to determine your creditworthiness. So, your FICO score is a type of credit score. They use the information that each of the three credit bureaus (Experian, Equifax, TransUnion) possess on each consumer, and they turn that information into your FICO score. However, there are many other companies, including the credit bureaus themselves, the create their own versions of your credit score, and these scores are often different than your FICO score, since they are not using the same mathematical calculations to come up with your score.


Do business credit cards come without a personal guarantee?

Most business credit cards do come with a personal guarantee. There are, however, ways to get a business credit card that does not require a personal guarantee.

Related questions

If you and your husband have joint credit card accounts why would nothing come up on a credit report using his SS number only under yours?

You would have to get a copy of his credit report from all three bureaus to answer this.


What credit card company gives extra credit after three months?

There are no companies that give extra credit after three months. First of all, credit cannot be associated with credit cards. Second of all, if one is referring to rewards, then most extra bonus rewards come from purchases within the first 3 months, not after.


Can late payments come off your credit report?

Yes late payments can come off your credit report. They can be removed by either the original creditor that put it on there or by the credit bureaus. You can dispute late payments on your credit report with the credit bureaus using the Fair Credit Reporting Act. The FCRA requires the credit bureaus to contact the creditors to verify the late payment. If the late payment isn't verified it must be removed.


What are the best three credit cards available for students with no annual fee?

The best credit cards for students come from the top credit card companies. No annual fee cards are available from Citibank and Discover, and Capital One.


How have people come to rely on using an equity line of credit?

Equity lines of credit are different from conventional loans because the money is not all paid up front in a lump sum - rather it is dispensed slowly through credit, as if through a credit card. The main advantage of using such a thing when paying for homes, for example, is that the interest rate is variable.


Are you responsible for payment if after using a credit card but the creditor never sent a statement?

if you ignore your obligation, it will eventually come back to haunt you


What is the process of a transfer of balances between two credit cards?

When one transfers a balance between credit cards, it is the same idea as using one credit card to pay the bill on another credit card. One can do this electronically for some cards or use the checks that often come with the credit card statement.


Can I start requesting a credit report form before I purchase a car?

yes you can definately report it.Every year, you can request a free report from any of the three credit. if you come to know and something is wrong You can improve your credit report legitimately and that can be beneficial.


Do addresses come up on credit report?

Yes, addresses come up on a credit report. Generally, the most recent four addresses are represented on a credit report - the current address and the three prior addresses. Not all credit reports are up to date, however, so there may be less recent addresses in the credit report and it is up to the individual to update the credit reporting agencies. IN the United States there are three (3) credit reporting agencies and every citizen is allowed to get a free copy of their report from each agency on an annual basis. Be sure to check your credit report from each provider at least once per year and request updates to addresses that are out of date.


If you're a non-American and leave the US for a few years and keep using your US-issued credit card abroad will your credit score come down since no US income is being reported to the credit agencies?

No, income isn't reported to the credit bureaus. Only credit history shows up on a credit report, so your credit score shouldn't be affected at all.


The foreign affairs powers of Congress come from the Constitution and the responsibilities given by who?

The law making responsibilities given to congressbby tje presindent.


Do profit comes to an organization when its responsibilities have be met or must an organization makes a profit before it can meet its responsibilities?

Profit come to anorganisation when its responsibilities had been metbeacause profit is the last or remaining proceeds after all cost and its subsidiaries had been met.The responsibilities of any organisation is to meet its basic operational needs,pay the staff,pay tax etc,Therefore an organisation must first devote it energy on meeting its responsibilities then profit come if those responsibilities had been met effective and efficiently.