No, they already gave you the credit when they charge you for the month. You can use your credit, and then cancel. You will still have access to all of your books, even after you cancel.
Yes they can. They charge you from the time they last charged you interest until its paid off.
Yes, as long as you still owe money.
You can't close a credit card unless the balance is zero.
If you have a garishee against your salary can the creditor still charge interest. Thanks Theo
No, they already gave you the credit when they charge you for the month. You can use your credit, and then cancel. You will still have access to all of your books, even after you cancel.
Yes they can. They charge you from the time they last charged you interest until its paid off.
Yes, as long as you still owe money.
You can't close a credit card unless the balance is zero.
If you have a garishee against your salary can the creditor still charge interest. Thanks Theo
No... It will simply have a zero balance owing. The card will still be active - until you cancel it yourself.
Credit card interest and fees are determined at the state level at present. Congress has passed a law which makes bait and switch tactics more difficult but legal interest ceilings are still a state matter.
One may always cancel their credit card, however, if one has a balance outstanding, one is STILL RESPONSIBLE FOR PAYING. From a credit reporting standpoint, it is never good to cancel a credit card because the number of open accounts is reduced and the relative credit usage is reduced (both resulting, generally, in a reduction of credit score).
This applies to any credit card. You can do one of two things. 1) To CLOSE an account, you may still have a balance that you need to keep paying on but you can no longer charge on it. The advantage is that you prevent yourself from spending more. The disadvantage is that you can no longer negotiate lowering the interest rate if the account is no longer open. If you have a balance, it is to your best interest the stop spending, negotiate a lower rate, and pay it off as quickly as possible. 2) To CANCEL your card, you can not have a balance on it. The best thing to do is call the company to cancel, and then follow it up with a written request. Also ask them for a cancellation confirmation. Option 3, if you are trying to get rid of your debt, is to transfer your Kohl's balance to a Visa or Mastercard with a lower rate. Then cancel the Kohl card and DO NOT charge anything else on the MC or Visa. Just pay it down and close that when it is paid off.
The "Discover It" credit card from Discover doesn't charge any fees like annual fee, overlimit fee or foreign transaction fee. However, they still charge 3% fee for each balance transferred.
Sometimes you can still finance a car from a dealer with poor credit but with a higher interest rate. There are also independent car lots that will finance a car for you. The only drawbacks from an independent car lot is they usually charge more interest and down payment.
You can always cancel the contract but they will charge you for it.