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Basically it means that the previous transactions are being brought forward. This is how the explanation reads (in fine print):
"When you next update your passbook, the first line that prints will be the net total of all transactions shown on the enclosed account recap. This total will appear as BIC (back item credit) or BID (back item debit) depending on whether the net amount is positive or negative."
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What does back item debit mean?
Basically it means that the previous transactions are being brought forward. This is how the explanation reads (in fine print): "When you next update your passbook, the first line that prints will be the net total of all transactions shown on the enclosed account recap. This total will appear as BIC (back item credit) or BID (back item debit) depending on whether the net amount is positive or negative."
What does a negative number on a balance mean?
There is a credit due back as a refund.
You are having trouble getting HSBC to remove an item on your credit reports that was paid in full years ago They say there is nothing they can do except report the item Paid in Full to the credit bur?
They are correct. Once the item is reflected in your credit report, all that HSBC can do is notify each Credit Bureau that the item has been paid in full.
What does credit back your order mean?
Refund acct used to make the purchase.
How do you remove closed accounts from your credit report?
Disputing information on your credit report... This method is for direct correspondence with the credit bureau. If you find anything inaccurate, incomplete, incorrect, or obsolete, you have the right to dispute that item on your credit report. The credit bureau then has a reasonable time to contact the creditor and have them verify the disputed item. A reasonable amount of time under the Federal Law has been construed to be 20 working days. However, you need to understand that with this type of transaction, it could take from four to eight weeks to receive your reply back. Technically, if the credit bureau does not respond back within 30 days, the incorrect or inaccurate item must be removed. If, after the credit bureau investigates the item and the information is found to be inaccurate or no longer can be verified, the credit bureau must delete the item in question. It should be noted that when a negative item is more than two or three years old, many creditors will not respond to the credit bureau because of lack of records. Therefore, by law, the bureau should remove the item from your report. Since most creditors do not have the space to retain records for a long period of time, there may not be any documentation about your payment history. Understand also that the creditor does not have to provide documentation to the bureau of the disputed item. They simply check various boxes on the statement as to whether you were late, paid on time, etc.
What happens when you return an item purchased with a credit card?
When you return an item purchased with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This process may take a few days to reflect on your credit card statement.
If you buy an item on a credit card pay off balance on credit card then take item back to store what happens?
It depends on the store's return policy,but in most cases your credit card gets credited with the amount of the returned item.
What is the process for returning an item purchased with a credit card?
To return an item purchased with a credit card, you typically need to bring the item and the receipt to the store where you bought it. The store will then process the return and refund the purchase amount back to your credit card.
Can you purchase an item with a credit card and then return it for cash?
No, you cannot typically purchase an item with a credit card and then return it for cash. Most stores will only refund the amount back to the credit card or provide store credit.
Can you get a cash refund when you pay for an item with a credit card?
It is dependent on the store that you purphased the item from. Some will allow you, others will not. Typically, they ask you for the credit card you used when you bought the item and refund the money back onto the card.
What does it mean when something is on back order?
When something is on back order it means the item ordered is out of stock. When the item is in stock again or available from the manufacturer it will be shipped as soon as possible.
Can you make returns on a credit card?
No, you cannot make returns on a credit card. When you return an item purchased with a credit card, the refund is typically issued back to the same card or as a store credit.
What does back item debit mean?
Basically it means that the previous transactions are being brought forward. This is how the explanation reads (in fine print): "When you next update your passbook, the first line that prints will be the net total of all transactions shown on the enclosed account recap. This total will appear as BIC (back item credit) or BID (back item debit) depending on whether the net amount is positive or negative."
In Poptropica if you buy a item in the Poptropica Store can you give it back and get your credits back?
You can't. The site does not have a policy allowing credit items to be exchanged.
Can you explain how a return works on a credit card?
A return on a credit card happens when you return a purchased item to the store. The store refunds the amount back to your credit card, reducing your balance. This can help you get your money back for items you don't want or need.
What happens if you return something you bought with a credit card?
When you return something you bought with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This can help reduce your credit card balance or provide you with a credit for future purchases.
Do I need the credit card to return an item?
In most cases, you will need the credit card used for the purchase to return an item.
