How do credit card companies earn when we use the credit card in our purchases?

Posts Tagged ‘Credit Card Company’

How do credit card companies earn when we use the credit card in our purchases?

By Author on Wednesday, August 3rd, 2011 | 5 Comments

1. What are the breakdown in percent? Let say I bought 0 using my credit card. 2. Also,why do some small store require a minimum amount of purchase, otherwise a minimum fee is charged, is the minimum fee charged ended up to the credit card company? Related Credit Card Sites

What economic conditions cause credit card company stocks to perform well?

By Author on Saturday, July 23rd, 2011 | 2 Comments

I own a few credit card company stocks and recently read that people are choosing to remain current on credit card payments above remaining current on their mortgage responsibilities. This got me to thinking…what exactly makes credit card companies more profitable? Would they rather see their customers paying responsibly, or would they rather have late [...]

If credit cards called you 2 days before your bill is due to remind you?

By Author on Wednesday, July 13th, 2011 | 3 Comments

That you have not paid yet. Do you think this would avoid a lot of late fees? Would you appreciate a service such as this from a credit card company? Or would it make any difference at all? Would you pay a month for this protection as an extra charge? Or do people that don’t [...]

Who is responsible for credit card debt if somebody dies? Or does the company eat it?

By Author on Tuesday, July 12th, 2011 | 6 Comments

Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question then – [...]

How to accept Credit Cards at my small business?

By Author on Sunday, July 3rd, 2011 | 1 Comment

I want to begin accepting Credit Cards or Paypal from clients at my business. Paypal would be easy to set up I’m sure, but I wonder if anyone has insight as to if it is possible for me to set it up so I get miles or awards from the credit card company when people [...]

Credit Cards For Fair Credit

Posts Tagged ‘Credit Card Company’