Archive for August, 2009

What credit card company processes transactions quickly into the system?

Sunday, August 23rd, 2009
RAV94 asked:


When I make a purchase with my debit card and go home to check my bank account , the purchase is already in the system. But when I use my credit card it takes at least a couple days. If there are any credit card companies that process as fast as using a debit card, please let me know, Thanks

credit card

What happens if you balance transfer from credit card to debit card?

Saturday, August 22nd, 2009
heuiim asked:


It sounds like a silly question, but what happens if you request balance transfer from a credit card to the debit card (linked to checking account) and credit card issuer approves it? Anyone know?
Just to clarify; I want to know if it does go through would my checking account be credited by the balance transfer amount or would it be simply rejected?
Maybe I wasn’t being clear; I meant balance transfer FROM credit card TO debit Card. It has nothing to do with paying debt. I am taling about your typical credit card balance transfer offers that supposed to only work between credit cards.
You know, when the credit card company offers you like 4% rate for balance transfer to pay off other high-interest rate credit cards?

get credit

What happens when my credit card expires?

Saturday, August 22nd, 2009
linzed asked:


I have a credit card with a relatively low interest rate (13.9%APR). It’s a suntrust visa credit card, and i think it’s designed for students. I just noticed that my credit card expires at the end of the year, though i’ll still be in school for another year or so. What’s going to happen? Will my account be closed when my credit card expires? Will my interest rate go up?

get credit

Is a secured credit card a good way to establish credit?

Friday, August 21st, 2009
yeah!!! asked:


I have no credit history cause i’ve never had a credit card or borrowed money or anything and I want to establish credit now. well I applied for a credit card that required a deposit..secured credit card will that help boost my credit and how high will my score go once i start establishing credit?

credit card

What is the best credit card for an 18 year old?

Friday, August 21st, 2009
alilley07 asked:


I am only getting a credit card so that I can make small purchases and pay them off right away to build my credit. Please do not lecture me on how to use a credit card, I am already fully aware. I just want to know which credit cards have the lowest rates for an eighteen year old with no credit. Thanks in advance!
If you are just going to answer none’ don’t bother.

credit card