I know that APR system annual percentage rate, but?
Can anyone tell me what is AER contained by banking language?Answers: Annual Equivalent Rate. And I did not see that Joke on seniors last week, it be another one I put in Seniors.
I have never heard of AER any, but it appears to simply be the British equivalent of APY.
"APY, meanwhile, is an American term and unused for savings accounts contained by the UK, though it is basically duplicate thing as AER as it take into account the effect of compounding interest."
What will make your credit bad?
Answers: Lots of things can make a persons credit bad.
Late payments, collections, repossessions, foreclosures, judgments, medical bills, tax liens, bankruptcies.
Like bdancer said, always pay your bills on time and you will not have to worry about it.
lots of things charge off late payments,, foreclosures
hospital bills bankruptcy,,
credit cards
Buying too much stuff on credit.
TX Mom
Your goal is to get and keep as high of a credit score as you possibly can so that the interest rates you are charged on credit and loans is as low as possible. Your credit score also affects how much you are charged for insurance premiums. The theory behind this is that if you are a responsible person with a high credit rating, you won't have as many claims that the company needs to pay.
Here's a short list of things that have a negative impact on your credit score:
* You become unemployed or you jump around from job to job frequently
* You bounce checks or default on a loan
* You become involved in a lawsuit or get sued by someone
* You pay bills late or not at all
* You cosign for someone in order for them to get a loan and they default on it.
* You run up high balances on your available lines of credit
* You apply for lots of new credit
Paypal purchase?
When i try to purchase something on paypal, it says they want a credit card. How can i use the money explicitly already on my paypal account? Is nearby a way i can use that money and turn it into "credit card" money?Answers: They want a credit card as a backup funding source... they still call for it, do you have a visa or mastercard debit card? that will work merely as well. Even if you own money in the article, they still want a backup source.
Do you have a PayPal narrative? That's how you use money in your hill account and turn it into "credit card" money, except you don't entail a credit card. You tell PayPal which mound account to extract funds from to verbs to your PayPal account. The reverse is true too -- if you own money in your PayPal, you can verbs it to your bank report. You can still use a credit card for your PayPal account. But contained by order to do what I presume you're asking, you need a PayPal commentary of your own.
But be prepared for a lot of spoof emails and phishing from PayPal. I assume you're using eBay? Never respond to an email from PayPal because 9 times out of 10, it's sham. And never go to PayPal through a relationship. Close your browser out, get wager on on the internet and go directly to the website.