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What is the most important factor to consider if you expect to carry a balance on your credit card from time to time?
Wiki User
∙ 12y ago
To pay the balance off before the quoted term is due, afterward interest will be charged. Cards may have daily, monthly, or yearly rates.
Wiki User
∙ 12y ago
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If someone left the country 10 years ago with credit card debt and bad checks what can they expect upon their retun?
The best advice is to get a copy of your current credit report. This will show you a bounty of information such as any money still due, money that companies have written off etc. If your open accounts still reflect a balance, paying them off will help your credit score. A free credit report is available once a year from all three credit bureaus at annualcreditreport.com.
How do credit card balance transfer fees work?
Balance transfer fee guidelines have changed beginning in 2007 and into 2008. Most creditors still have either a 3 or 4% balance transfer fee with a minimum of $5. However, there is no longer a maximum charge on balance transfer among most credit card issuers. This means that a balance transfer on a $10,000 offer could cost you $300 or more as a balance transfer fee. Furthermore, this balance transfer fee is often added into the next month's payment. This could cause this payment to be $300 higher than what you were expecting, which could make it hard to make the required minimum payment. Of course, if you miss that minimum payment, expect to see your interest rates skyrocket!
What to expect after foreclosure?
You can expect to have a big hit on your credit rating. This will last as long as 5-7 years unless you hire a professional to rebuild your credit. You will most likely not be able to qualify for a home loan for at least that time.
How do you credit card a girl?
I expect that there are red light districts where this happen all the time.
You have paid your credit card balance up in full but your next statement says you still owe money?
You need to check your records to know that you have proof that you have paid. then get a photocopy of that proof and send it to the credit card company with a letter (keep a copy) explaining that the payment has been made. The c c company should clear it up, but expect to have a long correspondence!
What is most important factor if you expect to carry a balance on your credit card and pay it off on occasion?
annual fee APR late fee over-the-limit fee
Are accounts receivable a debit or credit?
Accounts receivable is a debit.Answer:Accounts receivable is an asset and therefore maintains a debit balance. This is an account listing what a person or company owes you, or money that you expect to receive. Since it is an asset (all assets maintain a debit balance) it means to increase the account you debit it and to decrease it (when a payment is made by the customer) you credit it.Assets = debit balance (increase with debit, decrease with credit)Liabilities and Owners Equity = credit balance (increase with a credit, decrease with a debit)(GAAP)
What factors do you take into account in determining the amount of depreciation?
You need to consider the useful life if the asset. The risidual income you expect to get from selling it on. And whether you are using straight line or reducing balance.
What are accrued expenses reported on the balance sheet as?
As you accrue expenses, they show up as a CREDIT on the balance sheet, and a DEBIT on the income statement. Then as you actually incur the expense and pay out, you would CREDIT your cash account, and DEBIT the accrued liability account on the balance sheet. For example, if you expect to spend $12,000/year on business travelling expenses, you would accrue $1000 monthly as a CREDIT to your accrued liability account (on the balance sheet), then a DEBIT to the expense account (on the income statement). When you actually do incur the expense and pay out, you CREDIT your cash account, and DEBIT the accrued liability account. Thus, the accrued liability account is cleared out and eventually washed out to zero.
Can you close your checking account if you have a balance left on your VISA card?
Yes, you can close your checking account even if you have a balance left on your VISA card. However, closing the account will not eliminate your obligation to repay the remaining balance on your credit card. You will still be responsible for making payments on the outstanding debt.
If someone left the country 10 years ago with credit card debt and bad checks what can they expect upon their retun?
The best advice is to get a copy of your current credit report. This will show you a bounty of information such as any money still due, money that companies have written off etc. If your open accounts still reflect a balance, paying them off will help your credit score. A free credit report is available once a year from all three credit bureaus at annualcreditreport.com.
Why is it important to consider audience and purpose when creating webpages?
Would you expect to see a cartoon and crayon based scheme for a major technology company? No, of course not! It would be wrong for the audience, the people who will look at the web page. Would you expect to have difficulty in ordering from an on-line store's web page? No, because that is the purpose of the web page. You must always consider WHO is going to do WHAT with this page.
How do credit card balance transfer fees work?
Balance transfer fee guidelines have changed beginning in 2007 and into 2008. Most creditors still have either a 3 or 4% balance transfer fee with a minimum of $5. However, there is no longer a maximum charge on balance transfer among most credit card issuers. This means that a balance transfer on a $10,000 offer could cost you $300 or more as a balance transfer fee. Furthermore, this balance transfer fee is often added into the next month's payment. This could cause this payment to be $300 higher than what you were expecting, which could make it hard to make the required minimum payment. Of course, if you miss that minimum payment, expect to see your interest rates skyrocket!
Can you do a deed in lieu with PMI?
You can however expect the insurance company to require you to sign a note, generally for around 10% of your mortgage balance. They also will not negotiate how it is reported on your credit. I learned through my own experience it's actually better to just let them foreclose if you have a loan with PMI. You avoid the deficiency judgment and it is basically the same on your credit.
What to expect after foreclosure?
You can expect to have a big hit on your credit rating. This will last as long as 5-7 years unless you hire a professional to rebuild your credit. You will most likely not be able to qualify for a home loan for at least that time.
As a first time home buyer, how much can I expect to save with the new tax credit?
You can expect to save up to $1000 for your first purchase
Why should you consider yourself fit to be hire?
When I was questioned about the salary I would expect.
