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How does a credit card thief benefit from using a high-limit stolen credit card?

January 13th, 2012

How does a credit card thief benefit from using a high-limit stolen credit card?
I’m not talking about small value - less than $ 100 - transactions.
What are the ways they make enoughmoney to make the crime pay?
Consider that if a credit card theif were to, for example, order a thousand dollar laptop over the [...]

How credit is affected by applying for new credit card and transferring a balance?

January 8th, 2012

How credit is affected by applying for new credit card and transferring a balance?
I have had only one credit card for the last 5 years. I have found a more desirable credit card from the same bank and wish to apply for one. How would it affect my credit if I open a [...]

How does getting credit back on your credit card work?

January 6th, 2012

How does getting credit back on your credit card work?
Let’s say I buy something for $ 100. I return it and they say I will have that credit back on my credit card. So now my credit card balance is $ 100? What if I paid for that $ 100 already and [...]

Is a secured credit card a good way to establish credit?

January 5th, 2012

Is a secured credit card a good way to establish credit?
I have no credit history cause i’ve never had a credit card or borrowed money or anything and I want to establish credit now. well I applied for a credit card that required a deposit..secured credit card will that help boost my credit and how [...]

When Can a Credit Card Company Sue You?

January 1st, 2012

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When Can a Credit Card Company Sue You?

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