I am about $500 in credit card debt and with my current job I am unable to pay my credit card off before I leave for boot camp. Will the Navy help me with this debt? Will I be able to make my monthly payment in boot camp?|||One of the things you will do in boot camp is to visit the bank each pay day. You will also have a little time in the evenings each day for writing home, paying bills, and polishing your dockers. I suggest you pay off the credit card with in your first six weeks of boot camp, so that when you get out, you have no balance. While in boot camp, you will have almost everything you need to survive. So that is why it is a good time to pay that bill off quickly. Later in boot camp, you will get limited privileges to by soda or ice cream, but at first, no.
By the way, very quickly in boot camp you will be given and address (F.P.O.), and you give this to your family, friends, and credit card company. You will be able to get mail call every day that mail comes in.|||I don't know if you will have the opportunity to make the payments from boot camp. If you have the money to make the minimum payments for the time you will be in boot camp, you can have someone you trust make the payments for you. The credit card company really doesn't CARE who sends them the payment. They only care that it shows up on time.|||No the Navy will not help you with that debt.....it is YOUR debt, not the Navy's and NOT the taxpayers. You will need to take up that second question with your recruiter.|||No, the Navy will not help with your debt other than by paying you your military salary.
Saturday, December 17, 2011
Do we need credit card merchant account if we sell using Paypal?
Our company is planning to open an online store and accept online payments using Paypal (which we know can be used for credit card payments).
We are already an accredited credit card merchant, so do we need to get another MERCHANT ACCOUNT in order to accept credit card payments ONLINE?
Also, will ONLINE INVOICES created in Paypal be enough for BIR/government audit?|||Paypal will be your merchant account, so you don't need another one. In the US, Paypal's online statements are fine for tax auditing, but it'll be easier if you maintain your own books also.|||The best solution depends on your specific needs. the following website should help you figure out if you would better go for a regular merchant account versus a PayPal account.
http://www.webtys.com/small_business/article_paypal_vs_merchantaccount.php3|||No, but you might want to read some of the horror stories about businesses that have used Paypal as their merchant account. Just because Paypal gets paid doesn't always mean you will get your money promptly or at all..|||Paypal is terrible for merchant accounts, they hold your money for days and their rates are very high. Email me at teppo007@yahoo.com|||No
We are already an accredited credit card merchant, so do we need to get another MERCHANT ACCOUNT in order to accept credit card payments ONLINE?
Also, will ONLINE INVOICES created in Paypal be enough for BIR/government audit?|||Paypal will be your merchant account, so you don't need another one. In the US, Paypal's online statements are fine for tax auditing, but it'll be easier if you maintain your own books also.|||The best solution depends on your specific needs. the following website should help you figure out if you would better go for a regular merchant account versus a PayPal account.
http://www.webtys.com/small_business/article_paypal_vs_merchantaccount.php3|||No, but you might want to read some of the horror stories about businesses that have used Paypal as their merchant account. Just because Paypal gets paid doesn't always mean you will get your money promptly or at all..|||Paypal is terrible for merchant accounts, they hold your money for days and their rates are very high. Email me at teppo007@yahoo.com|||No
Do Credit Card Companies legally have the right to keep my personal information?
I recently paid off ALL of my CREDIT CARD DEBT. Was over $40k just a few years ago. . . So I called to cancel my credit cards and close my accounts. I also asked them to remove my name from their databases. They said they have to keep my personal info for tax purposes? I want my name out of their SERVERS! Help!|||Unfortunately, that won't happen. Banking rules and the Patriot Act require keeping that information for at least 10 years.|||I think they have the write to keep your information. Since you had a credit card with them then they can keep your info but not hand it out. Also if its for tax purposes they have to keep your info for that reason and then i assume they will delete it after they do their taxes|||Beat them up.|||Sorry, it does not work that way. Businesses don't delete their customer information the moment the customer stops dealing with them.|||The information will legally remain in their data base and in the data bases of the credit reporting agencies for at least 7 years.|||yes they have right to it. is for security issues stolen credit card and other stuff.|||If you tell the companies to keep you info confidential, they will.|||Sure. After all, you gave it to them
What are the best mobile electronic payment credit card pay options?
I have started a business selling accessories and I would like to have the option to accept credit cards. I have heard about Intuit and Square but I hear their are other options as well. What is the best company to go with to accept card card payments and why?|||Square Up.|||I don't know them, but also compare them to PayPal which is well known and takes most major credit cards.
You don't have to sell on Ebay to work with PayPal.|||i think paypal is a good way
You don't have to sell on Ebay to work with PayPal.|||i think paypal is a good way
Can anyone recommend a good credit card for someone with not so good credit?
As the result of some bad financial decisions and a divorce, my credit rating has gone down. I am trying to build it back up and wondered if someone could recommend a credit card I could get that would allow me to re-build my credit. I want a low set limit and as good of an interest rate as possible. Please help.|||Why do you want a low interest rate?
By carrying balances on credit cards and not paying in full you are only ruining your credit.
Why, oh why, don't people know this?
There is only one way to get top 800+ scores.
Use your card for things you need, and pay in full the day the bill comes in the mail.
Any other way can destroy your credit and your life.
This way you never pay a penny interest either.
If you have trouble getting a card, go to the bank and ask them for a secured card.
This card turns into a credit card in 6 months.
Use it unwisely - not paying in full - and it can take 2 years.
Stop fouling up your future - and learn how to use credit correctly.
Paying interst only harms you - pay in full - get top scores and top jobs - since employers check.
/|||You need to know your credit score and you have to pay for this (it's not free). Then, compare yourself to other people who recently got approved for credit cards. You can find this at www.financeglobe.com.
Your options are limited since you have bad credit. It looks like your best bet is to apply in this order:
1) High (%26gt;700) -- Citi Platinum, Chase Freedom, Capital One Rewards
2) Medium (600-700) -- Capital One Standard Platinum
3) Poor (%26lt;600) -- First Premier Gold, Orchard Bank Secured
I'm pretty sure that you're already in the poor category. In that case, try to get the Orchard Bank secured card. You need to put up a deposit between $250-$2000 and then that becomes your credit line. It's really good because it appears that someone is extending you a high credit limit, and you can upgrade to the better HSBC cards.
Avoid the First Premier Gold. I know you'll be approved for the unsecured card, but you'll pay like $300 in fees/yr for a $300 credit line. Sounds ridiculous, doesn't it? But to be fair, they help people build up their credit again.|||No such thing as a good credit card.
All credit cards will get you into debt.
Credit cards, like the fico score was designed to do nothing but get and keep you in debt.
The algorithm used to determine you credit score is all about how you interact with debt.
It's an I Love Debt score.
If you are responsible with your money and live on less than you make. If you pay as you go and save up an emergency fund. You will not have any payments. You will have money and you will not have to worship the great fico.
Messing with credit will ruin your life.
Debt free is the way to be!|||I recommend reading the following articles, the first is on rebuidling credit after a divorce:
http://www.creditinfocenter.com/divorce/鈥?/a>
And here is an index of other appropriate articles all about rebuilding credit:
http://www.creditinfocenter.com/rebuild/
Best of luck to you!|||Try to consult this with a debt consolidation company. They are able to help you to make the right decision.
Try this website:
http://www.1st-debt.com/|||If you don't a good credit it would be difficult to get any good credit card.
You can try any store charge card or GAS credit card as those are relatively easy to get an helps in building your score.|||Print out Judy's answer, put it in a nice frame, and hang it on your wall.
She is 100% correct.
By carrying balances on credit cards and not paying in full you are only ruining your credit.
Why, oh why, don't people know this?
There is only one way to get top 800+ scores.
Use your card for things you need, and pay in full the day the bill comes in the mail.
Any other way can destroy your credit and your life.
This way you never pay a penny interest either.
If you have trouble getting a card, go to the bank and ask them for a secured card.
This card turns into a credit card in 6 months.
Use it unwisely - not paying in full - and it can take 2 years.
Stop fouling up your future - and learn how to use credit correctly.
Paying interst only harms you - pay in full - get top scores and top jobs - since employers check.
/|||You need to know your credit score and you have to pay for this (it's not free). Then, compare yourself to other people who recently got approved for credit cards. You can find this at www.financeglobe.com.
Your options are limited since you have bad credit. It looks like your best bet is to apply in this order:
1) High (%26gt;700) -- Citi Platinum, Chase Freedom, Capital One Rewards
2) Medium (600-700) -- Capital One Standard Platinum
3) Poor (%26lt;600) -- First Premier Gold, Orchard Bank Secured
I'm pretty sure that you're already in the poor category. In that case, try to get the Orchard Bank secured card. You need to put up a deposit between $250-$2000 and then that becomes your credit line. It's really good because it appears that someone is extending you a high credit limit, and you can upgrade to the better HSBC cards.
Avoid the First Premier Gold. I know you'll be approved for the unsecured card, but you'll pay like $300 in fees/yr for a $300 credit line. Sounds ridiculous, doesn't it? But to be fair, they help people build up their credit again.|||No such thing as a good credit card.
All credit cards will get you into debt.
Credit cards, like the fico score was designed to do nothing but get and keep you in debt.
The algorithm used to determine you credit score is all about how you interact with debt.
It's an I Love Debt score.
If you are responsible with your money and live on less than you make. If you pay as you go and save up an emergency fund. You will not have any payments. You will have money and you will not have to worship the great fico.
Messing with credit will ruin your life.
Debt free is the way to be!|||I recommend reading the following articles, the first is on rebuidling credit after a divorce:
http://www.creditinfocenter.com/divorce/鈥?/a>
And here is an index of other appropriate articles all about rebuilding credit:
http://www.creditinfocenter.com/rebuild/
Best of luck to you!|||Try to consult this with a debt consolidation company. They are able to help you to make the right decision.
Try this website:
http://www.1st-debt.com/|||If you don't a good credit it would be difficult to get any good credit card.
You can try any store charge card or GAS credit card as those are relatively easy to get an helps in building your score.|||Print out Judy's answer, put it in a nice frame, and hang it on your wall.
She is 100% correct.
What is the best brand of credit card to get for an 18year old?
I want to start building my credit and I think getting a credit card is the best option. I want my maximum to be as low as possible so I don't go overboard on spending. What brand would be the best?|||As of February 2010, you have to be 21 unless you have a good job for at least 12 /18 months or you'll need a co-signer|||Sears, Macy's, any major department store card. Not too hard to get, posts to creditors 2-3 times a month, If it's solely to build creit, these type of cards report to the credit bureaus faster and affects your credit faster.
OOrrr...
It's basically a matter of preference Visa, Mastercard, Discover, Anerican Express, all are big names. Discover has the gimmick of 1% back on all purchases. You want to thoroughly research whichever card you decide to go with as far as, is there a yearly charge? How much is it? What's my interest rate going to be? Your best bet is to compare companies with the pros and cons and go with whichever one stands out, truth is, most cc comapnies are alot alike, its the fine print that gets ya. Which ever way you decide to go, when building credit, get a low line of credit, 500.00 or less, make small purchases, and pay the balance in a month or 2 to avoid the high interest rates. Whatever you do, do not max out your card and pay the minimum due every month, or you will pay an astronomical amount in interest and fees for your card. So the answr? There is no "right" card, just do the research, compare, and go with the best deal, lowest interest yearly fees etc.
best of luck!|||no credit card is the best credit card.... It keeps you out of debt...
But to answer your question. It might be better to apply for a credit card at a place you shop at most. Target, Wal-mart Sears, etc. Do a lot of card shopping first and pick one with a low APR. Make sure that NONE of your payments are late or the rate will go up fast. Make sure you pay the entire balance due every month and not just the minimum payment. If you only pay the minimum balance due, then you will spend way too much money on interest in the long run. And companies like it when you pay in full and they may report positive feedback to the credit bureau's faster. Good Luck and play is smart!|||Any major card is OK. They are not going to give you much credit anyway...
Or they might. They are alwasy looking for indentured workers...
OOrrr...
It's basically a matter of preference Visa, Mastercard, Discover, Anerican Express, all are big names. Discover has the gimmick of 1% back on all purchases. You want to thoroughly research whichever card you decide to go with as far as, is there a yearly charge? How much is it? What's my interest rate going to be? Your best bet is to compare companies with the pros and cons and go with whichever one stands out, truth is, most cc comapnies are alot alike, its the fine print that gets ya. Which ever way you decide to go, when building credit, get a low line of credit, 500.00 or less, make small purchases, and pay the balance in a month or 2 to avoid the high interest rates. Whatever you do, do not max out your card and pay the minimum due every month, or you will pay an astronomical amount in interest and fees for your card. So the answr? There is no "right" card, just do the research, compare, and go with the best deal, lowest interest yearly fees etc.
best of luck!|||no credit card is the best credit card.... It keeps you out of debt...
But to answer your question. It might be better to apply for a credit card at a place you shop at most. Target, Wal-mart Sears, etc. Do a lot of card shopping first and pick one with a low APR. Make sure that NONE of your payments are late or the rate will go up fast. Make sure you pay the entire balance due every month and not just the minimum payment. If you only pay the minimum balance due, then you will spend way too much money on interest in the long run. And companies like it when you pay in full and they may report positive feedback to the credit bureau's faster. Good Luck and play is smart!|||Any major card is OK. They are not going to give you much credit anyway...
Or they might. They are alwasy looking for indentured workers...
Why do people complain about credit card companies?
I worked at Chase for about two months, and learned a lot while I was there that I didn't know before, so I can understand that some of it is just that people don't know how credit cards work. But why won't they listen when we try to explain it? Like the finance charges being done a month behind, for example, means that if you pay off your credit card in 10 days rather than 30, you get charged 10 days of finance charges. Other credit cards charge you the same month, and you get charged 30 days worth, regardless of when you pay it off. So w/ chase you save 20 days worth of finance charges. Plus, if you avoid finance charges by paying in full each month, you're considered non-profitable. That means no fees will be waived unless there was an error caused by the company. (non-reciept of your statement is NOT company's fault, besides, there are at least three other ways to pay your credit card bill besides snail mail).
Why is it people don't want to understand this?|||Simple... if they understand, it means taking personal responsibility. It's easier to blame the bank for their paying extra fees. It can never be their fault.
Truly sad.. isn't it? Your job is to not get personally involved with people like this. They'll drive you crazy.|||"If only the human race would accept responsibility for itself. There's a reason I have such a grim view of people."
I agree with this statement whole-heartedly.
Why is it people don't want to understand this?|||Simple... if they understand, it means taking personal responsibility. It's easier to blame the bank for their paying extra fees. It can never be their fault.
Truly sad.. isn't it? Your job is to not get personally involved with people like this. They'll drive you crazy.|||"If only the human race would accept responsibility for itself. There's a reason I have such a grim view of people."
I agree with this statement whole-heartedly.
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