2006-10-16 06:48:51 · 6 answers · asked by MC 5 in Business & Finance ➔ Credit
The charge can "go though" the system to the credit company, but the real question is will the credit card company honor it.
The credit card company honors charges on a first arrived, first paid basis. The imprint date inself is not an issue. It is the date the credit card company itself received the item.
If the credit card company wants to honor it and just add it to you bill, they may do that.
If the credit card company does not want to honor it and reject it, they may do that.
It depends on the credit card company as to what they will do.
The imprint date is inmaterial to credit card companies.
2006-10-16 06:54:36 · answer #1 · answered by bird_brain_88 3 · 0⤊ 0⤋
Yes. There are a couple of things that can happen but odds are your charge has been accepted. Assuming your charge was preauthorized, like most places do now, before submitting charge. It places a "hold" against your credit for the amount. What typically happens is your card will do one or two things: they will authorize the charge and raise your limit to cover the charge and probably charge you an overlimit fee, in addition. You can try to get the overlimit fee off, if you havn't been stuck in that situation before, but if you don't have the best history with the card issuer, odds are they are going to charge it.
2006-10-16 06:57:52 · answer #2 · answered by MJ 4 · 0⤊ 0⤋
Yes and then you will be charged a outrageous "over your limit" fee. You might want to get all your credit cards paid off somehow and then chop them up with scissors. My husband and i do not own any credit cards and it is so nice. We both think that if we can't pay for it when we get it, we really don't need it anyway. As far as Christmas, ( a lot of people say they only use credit cards for Christmas shopping) we set up a christmas club at our bank every October and then the next year on November the 1st, they send us our Christmas club check. That way, our Christmas shopping is paid for. I start shopping 1st of November and I am usually through by Thanksgiving. So nice.
2006-10-16 07:15:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes!
Credit transaction can take upto 10 Working days to reach the Card company!
2006-10-16 06:50:58 · answer #4 · answered by J. Charles 6 · 0⤊ 0⤋
yep...they don't do "non-sufficient-funds", atleast not that I've heard of-- maybe if its excessive....but you can definitely go over your limit by hundreds by accidently charging over the limit because old charges hadn't posted yet.
2006-10-16 06:55:09 · answer #5 · answered by Anonymous · 0⤊ 0⤋
it can, and you will be charged too.
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http://www.bestcreditrates.net
2006-10-16 07:14:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋