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Latest post Tue, Aug 12 2008 5:03 PM by JCDenton. 4 replies.
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JCDenton  +  553746 Mon, 11 Aug 08 11:27 PM

Hi guys,

Please may I have a two easy questions?

1) Please what does it mean if I say about someone, that he "made payment to a credit card". I know only paying via credit card. "Payment to a credit card" is a new thing for me. Please in which situation is this phrase being used? My context: FBI agent is questioning a husband of the missing woman..

Well, your wife made a $14,000 payment to a credit card last month. I'm assuming you knew about this.

2) Junkie girl explains, why she decided to steal the money from that woman which I mentioned in the previous question..


Kyle(her bf) and me, we went...we went really deep on package and then the dealer wanted his money. And she told me she was quitting the club.

Please, what does that red part means? I'm really out there..:-(

 

thank you in advance 

Best Regards

 

 

 

 

Joined on Tue, Jul 3 2007
Regular Member 658
Clive  +  553755 Tue, 12 Aug 08 12:29 AM
Hi,

1) he "made payment to a credit card".  eg He paid some money to the Visa company. (They send you a bill every month.)

2) we went really deep on package  Dunno. Are you sure you heard it correctly?

Clive

Joined on Thu, Oct 28 2004
Canada
Veteran Member 29,582
El tango argentino es un pensamiento triste que se puede bailar (The tango argentino is a sad thought which can be danced) Enrique Santos Discépolo
JCDenton  +  553916 Tue, 12 Aug 08 11:48 AM

Thx Clive!

1) Ah, yes, I'm stupid. Banks in our country provides very similar service. They borrow you a credit card and they say: "You can use this card for some time, but you have to pay back the money at the end of some period." So in fact, during the paying with the borrowed card you're not using your money. That money are actually provided by the bank. Is that correct? Are the banks in US and Canada providing these services as well? I think this was the same case.

2) Thanks for the note. I'll check the video again.

Best Regards

JCD

Clive  +  553955 Tue, 12 Aug 08 02:46 PM
Hi,

1) Banks in our country provides very similar service. They give uou a card / lend you money borrow you a credit card and they say: "You can use this card for some time, but you have to pay back the money at the end of some period." So in fact, during the paying with the borrowed card you're not using your money. That money are actually provided by the bank. Is that correct? Are the banks in US and Canada providing these services as well? I think this was the same case.
The Visa company gives you a ccredit card.
You go to a store and use the card to buy a $500 TV.
The Visa company sends the store the money.
At the end of the month, Visa sends you a bill for $500.
You pay it.
But if you wish, you can make a partial payment, eg $40. Now Visa starts to charge you a lot of interest every month. Many people use this approach, and it is how Visa makes a lot of money.

Best wishes, Clive

JCDenton  +  554000 Tue, 12 Aug 08 05:03 PM

Thank you Clive for additional explanation and correction...YesSmile

It's clear to me now.

Greetings to Canada

JCD

 

 

 

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