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What is designed to function much like a revolving charge account?
Wiki User
∙ 11y ago
Most credit cards are designed as a revolving credit account. You spend money from the card and every month you pay it back so you can again use the money. That is why credit card have monetary limits based on you income and credit history.
Wiki User
∙ 11y ago
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What is the difference among credit plans such as revolving charge 90 day and installment account and interest free credit plans?
Your mom is the instalment of something that i have no idea what it is.
What is an over limit fee?
In banking an over limit fee is an additional charge imposed by the bank due to your the funds in your account. It is a penalty charge for going over your account limit.
Can they still charge you all late fees and interest if you cancel your credit card?
If there is an outstanding account balance. Closing/canceling the account will not eliminate any fees or penalties that were in the agreement when the account was opened. There might also be an annual charge even though the account has been deactivated.
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What is the difference between a service charge and a finance charge?
A service charge is typically a charge for a specific action that a company performs on an account or an order. A finance charge is an amount of interest that is charged on an amount of principal owed by a customer.
What is a revolving account?
{| |- | A revolving account is an account that requires a minimum payment each month in addition to a service charge. When the balance decreases, the service charge/interest also declines. To learn more about credit terms you can visit bills.com |}
What does it mean for your account type to read revolving on your credit report?
Credit cards are revolving accounts. Whereas car loans and home loans are not. A revolving account is one where you can carry a balance and charge it back up as you pay it off.
What is the difference among credit plans such as revolving charge 90 day and installment account and interest free credit plans?
Your mom is the instalment of something that i have no idea what it is.
Are credit cards revolving charge accounts?
yes
What parts of an atom has a negative charge?
The electron that are revolving around the atom in a fixed path is having negative charge.
What is the difference between an open-ended credit account and a revolving account?
Only two types of credit card accounts in consumer credit. This is when a store or company issues a card with credit line say $1000. 1st is revolving credit which is like MBNA, Capital One, MasterCard, Visa, Orchard Bank, etc. Anything can be purchased at any store. A charge account is like Macy's, Foleys, Wal-Mart, etc. only items at that specific store can be purchased. Good Luck.
What is a regular charge account?
Where I regular charge your mom in doing my account lol
How much is a eBay account?
There is no charge for an eBay account.
Will ning charge me if i don't have an account if so how do i get rid of it?
Ning can't charge you if you do not have a Paypal account linked up to it. Therefore, if you have an account, and want to get rid of it, you can deactivate your account in the account settings section.
What are the release dates for Charge Account - 1960?
Charge Account - 1960 was released on: USA: 5 September 1960
Why don't atoms carry net charge?
The total positive charge of the nucleus is cancelled by the negatively charged electrons revolving around the nucleus. Hence atoms are electrically neutral
What is the function of a capacitor in a washing machine?
The function of a capacitor in a washing machine is to store a charge. This charge is what starts the washer.
