Can I use a credit card to buy stocks?

Answer It is legal to buy stocks with a credit card in the United States, but the practice is not encouraged and is rarely offered by brokers. This is because the high interest on the credit card would li... Read More »

Top Q&A For: Can I use a credit card to buy stocks

Is it standard practice to charge credit card fees when paying by credit card?

While some businesses charge a fee when customers pay by credit card, it is against their merchant agreement with the credit card company, such as Visa or MasterCard. If you encounter a company th... Read More »

Who buys stocks during a credit crisis?

Credit crises are associated with panic. Most investors liquidate investment portfolios during these times for fear of financial collapse. Of course, stock market sales are matched against buy orde... Read More »

What was done to regulate buying stocks on credit in 1929?

Although the stock market crashed in 1929, the Securities Exchange Act of 1934 changed regulations for buying stock on credit. For stocks, there must be at least 50 percent equity. In 1929 the equi... Read More »

Does a secured credit card look just like a regular credit card?

A secured credit card differs from a standard credit card in the fact that the borrower must make a deposit to the credit card company to protect the company from the likelihood of default. Merchan... Read More »