Is it illegal to have more than one credit card processor? »

Eddie asked: I own a small business and I’m expanding in a couple of weeks. The current credit card company I’m with charges me some pretty high rates but they’ve been with me since the beginning and took a chance on me. Would it be illegal for me to use another company to [...]

How will my credit be affected if I cancel a credit card? »

Psych Grad asked: So I want to cancel my Macy’s Credit Card, CitiBank card and a tiffany’s card. They all have a balance of 0.00. Will my credit be affected in a negative way if I close down these credit cards?http://1mortgagecalculator.info

What does it mean for a credit card to be a platinum credit card? »

Brooke asked: Many credit cards say they are platinum, and say platinum on them. I know there’s got to be a meaning for that. But what does it mean? How is a platinum credit card different from a non-platinum credit card?
Please, no links to websites, just answer the question.http://1mortgagecalculator.info

Is having credit card debt okay as long as you can pay it off? »

Carlton M asked: I have about $5 grand of credit card debt now which can be brought down to 0, in less than a year, depending on how much I really want to pay it off. However, is carrying large amounts of debt (even if you CAN pay it off) bad? I don’t see [...]

What credit cards do you know of that report to the credit bureaus when you are just an additional card holder? »

Vane asked: I am trying to increase my score but can’t have my own so I’m gonna have my mom apply for one and add me as an additional card holder which credit card companies DO report?http://1mortgagecalculator.info

how will four late credit card payments effect a loan application? »

kathleen k asked: short falls on cash this month and was unable to pay four credit cards, how will this effect a commercial loan application?http://1mortgagecalculator.info

does amazon.com cooperate with an online credit card processing company? »

neda s asked: Amazon.com offers amazon check out to customers, I was wondering if amazon.com processes the credit cards itself or cooperates with and online credit card processing company
if so , which company does amazon.com cooperate with?
Amazon.com offers amazon check out to customers, I was wondering if amazon.com processes the credit cards itself or cooperates [...]

What will the new credit card law requiring you to be 21 to get one do to those already having cards? »

James R asked: In February 2010 new laws will require someone to be 21+ in order to get a credit card. If someone already has credit cards and wont be 21 in February what will change?http://1mortgagecalculator.info

is it bad for my credit score if a credit card company closes my account for lying on the application? »

Jen asked: My credit card company closed my account because they said that the information on my original application for income didn’t match the information that got from the IRS and decided to close my account. I really don’t care because I have pretty good credit and have other credit cards. I was wondering if [...]

How does the fifth-third student credit card work? »

no nickname asked: I got in the mail a student credit card from fifth-third. I was just wondering how it works… It says dat it is paired with my student checking account so does it mean that my credit limit is what i have on my checkings account or is it like all other credit [...]