Do credit card companies bribe you to sign up?

Answer Credit card companies often offer incentives to attract new customers to sign up for credit cards. This could be viewed as a bribe of sorts. For example, a credit card will often offer you a low or... Read More »

Top Q&A For: Do credit card companies bribe you to sign up

If I Negotiate With Credit Card Companies Myself, Will It Negatively Affect My Credit Score?

If you lose your income, you may find yourself with credit card accounts that you are having trouble paying. As these balances become past due and move further into delinquency, account holders may... Read More »

How soon do credit card companies report to credit agencies?

Credit card companies do not have to report to credit agencies at any particular time, according to Bank Rate. Also, some credit card companies and other lenders may only report to certain credit b... Read More »

When do credit card companies report to the credit bureaus?

While a credit card company can choose to report to the credit bureaus at any time, most credit card companies report account information every 30 days. Some companies report every 60 days.Source:C... Read More »

When do credit card companies update to the credit bureau?

Credit card companies provide updated account information every month to the three major credit reporting bureaus (TransUnion, Equifax, and Experian). However, it can take an additional month for t... Read More »