why does your hill dispatch you a statement why not the credit card company? Answers: If I understand your quiz correctly your asking why
Answers:
If I understand your quiz correctly your asking why VISA and or Mastercard, the companies that make/market the actual CARD your using, don't send you the bill instead of your bank/credit union/savings & loan or what hold you.
VISA and Mastercard actually provide the services of PROCESSING the charges that you put on your card. And they provide and market the accessability (being competent to use the card most everywhere) of the cards, making sure they work with everyone's selling/banking and ATM systems.
The bank and vendors (stores) PAY VISA and Mastercard for the right to use the logo and for the transaction processing that sends the money from your ridge account or credit card justification to the seller of the products or services.
Your bank sends you the statement because the money comes from THEM, any from your debit checking account that they conduct operations or from a credit card account.
VISA and Mastercard (and others) are in recent times the middlemen.
Other Answers:
they do!
They do, every month. It's commonly called: the bill.
Credit card companies dispatch you a monthly statement just close to the bank does. It comes along beside your bill.
Credit cards are managed by bank. Duh...it's money.
they do
they both do Source(s):
experience
you must get a bill every month
that's your statement
More question :
- Internet Purchase, Charged MY Credit Card but NO items or shipment? I made a purchase second Tuesday (8/21) on an internet site, that
- Does my fruitless credit hold on to preventing me from job? Recently I got an submit from a multi-nation HR consulting company.
- i want a free credit report in need any credit card or any information nearly my credit card? Answers: you can get your free credit report online dance
- Would it be possibe for american express to be capable of tace debt if i moved from UK To SPAIN? Baring in mind that that it costs a remarkably expensive fee to
- How nontoxic is paypal? my parents have there own business and use near credit cards to