Credits and mortgage page 16
How will YOU benefit from the stimulus bill?
Is this another step in the direction of socialist communism?
Am I a "well qualified" buyer?
Im I a "well qualified buyer"?
What is a well qualified buyer for auto loans?
does anyone know where i can get all 3 credit reports in one for free?
Is it safe to click on these free credit report internet offers? What about 3 different co?
i called up macys and told them that i had a little problem. my credit report says that my limit is 2000 on the macys store card and when i enter my account number through macys telephone it tells me my limit is 1500 now is there two different types of limit here? the guy said something about my limit is 1500 but when i reach a balance of 0, my limit will then be 2000. i'm really confused. [about me] *creditscore : 729 *no late payments *owns 3 cards total *owns [2] store cards (macys / bloomingdales) *owns [1] logo card = mastercard by century21 -----macys store card----- credit limit : 1500 balance: $467 -----macys store card----- 1500 x 0.30% = $450 so that means i should stay under $450? correct? [ANSWER THE QUESTION, DO NOT GO OFF-TOPIC] thank you in advance
it means you have a limit of 2000, but have 467 on it so you have 1500 left on it
Your available credit is 1500. That's your credit limit ($2000) minus your balance of $450, rounded off to $500. Sound right. I have a Macy's card too, and this is not a good credit card. The only reason I have it, is because you sometimes get a decent discount by using the card there.
Perhaps you are confusing the credit limit with the available credit limit? Does your "available credit" (not the credit limit) on the Macy's online site say $1500 or does it say $1033? The $467 is with or without the interest charges? Perhaps the interest on the $467 would bring the total balance up near $500, which would give you an available credit limit of $1500 with a total credit limit of $2000. If the available credit says $1033, you might contact them again and speak to a different CSR.
Did they say your "limit" was $1500? Or was your "credit available" $1500? There's a difference. Limit is the total debt you can run up. Available credit is the amount of new debt you can run up (like on stuff you buy tomorrow)
| Finance plays an all-important role in life of any society irrespective of its social order. Experts should know well the nature of the finance, understand features of formation, distribution and use of financial resources in the state, and also in functioning of credit-and-monetary system. The economist should be prepared for professional work in state structures of federal, regional and municipal level; banks, stock exchanges, the financial and insurance companies, investment funds, the Ministry of Finance of the Russian Federation, economic services of the enterprises and the organisations of all patterns of ownership, on the posts demanding the higher economic education. |
