Car Sale
Credit Card Facts
Credit card companies charge certain fees for certain type of transactions like cash advance, balance transfer, late payment and others. Likewise, they offer special features and incentives like travel accident insurance and others.
FEES TO BE PAID
Under any circumstances, the following are charged by most credit card companies:
Annual fee Paid for being a user of the card
Cash advance fee. Paid when the card is utilized for making a cash advance; usually a flat fee or a percentage of the amount advanced
Balance-transfer fee. Paid when a balance from another credit card is transferred to the other card. Checks are usually sent to pay-off the card. Balance transfer happens when the check is used to settle the amount due on the other card.
Late-payment fee. Paid if payment was done after the date due
Over-the-credit-limit fee. Paid for payments exceeding the credit limit
Credit-limit-increase fee. Paid for a credit limit increase request
Set-up fee. Paid for opening a new credit card account
Return-item fee. Paid for returned checks when bill payments by check was done for insufficiency of funds (meaning, the check bounced)
Other fees. Payments made for over the phone settlements, cost coverage for credit bureau reporting, account review, provision of other customer services. Other fees and charges are information which may be found on the credit card agreement.
CREDIT LIMIT
The credit limit is the maximum cost - for making purchases, cash advances, transferring balance, finance charges- which may be charged on the credit card. An over-the-credit-limit fee will be paid for exceeding the credit limit.
FEATURES AND INCENTIVES
Incentives and special features are offered by many credit card companies for using the card :
Rebates money discounted on purchases
Regular flier miles or minutes for telephone-conversations
Additional warranty coverage for purchased items
Insurance for car rental
Insurance for accidents incurred while in travel
Credit card registration, in case wallet is lost or stolen and a report of missing credit cards had been made
For a certain amount, credit cards may also offer,
Insurance coverage on credit card balance payments for card holders who become jobless or disabled or suddenly dies. Premiums are usually paid monthly, allowing payment cancellation if payments are more than what the desired payment amount is or if the insurance is no longer needed.
Insurance coverage for the first $50 of charges in case card is lost or stolen. Charges over $50 are protected under federal law.
Prior to availing of these special features, carefully decide whether these features are useful. Never pay for a feature which is not needed or is not useful.
Do you have the integrity of a used car sales man?
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For my own edification. Re: Car Sales What's the catch?. . .?
From time to time I hear advertisements that claim $88.00 down and $88.00 a month. I have called and asked a salesperson, but they evade the question and want you to come see them. I'm thinking the deal is a farce and simply a method by which to draw people to the lot where in turn the salespeople are to use their sales finesse to sell something else. Or basic bait and switch game. Or if it is true perhaps the person has to have a pristine credit rating. Thanks to anyone that will answer this for me.
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If people donate cars every day,why is so hard to get one?
I found out that this agencies collecting these cars sale the cars don't give it to need it people and not only that you have to go thru aplications and what not and at the end they tell you no,and so many people donate cars every day,whats going on in this country ,why is everythign becoming so iserable,why so many lies,why so much deceaving ,how come no one is investigating these donation agencies taking free cars from good hearted people and selling it to the need it and poor THEY WERE GIVEN TO THESE AGENCIES,the car you are donating is not to help poor people these scum bags are salling the cars you give to the need it,this country is tourning into a desgrace with no more humanity is all a a scam
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Car Sale
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