2006-12-21 12:14:43 · 7 answers · asked by Mussmania 2 in Business & Finance ➔ Credit
No. It is posted as a credit, but does not count as a payment.
You would still need to make a payment in the billing cycle.
2006-12-21 12:26:54 · answer #1 · answered by Gatsby216 7 · 0⤊ 0⤋
From personal experience, a credit card company will almost never take a credit in place of a payment, that is unles the credit equals the balance. Nothing guarantees you will get the credit during the same cycle you did the actual return.
2006-12-21 20:25:48 · answer #2 · answered by Talk is Cheap 2 · 0⤊ 0⤋
You'll still need to make the minimum payment to the credit card company.
I'd call your credit card company and confirm it. Some may say yes, others say no.
2006-12-21 22:58:48 · answer #3 · answered by colleend01 3 · 0⤊ 0⤋
Well, it would likely be shown as a credit. The result would be just like you never bought the item.
If you're wondering if that can count as your payment for the month, no it won't.
2006-12-21 21:35:56 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
most likely listed as a "credit"
2006-12-21 20:16:23 · answer #5 · answered by The Scorpion 6 · 1⤊ 0⤋
Yes.
I did that all through college. I had the funkiest wardrobe and didn't pay a dime!
2006-12-21 22:05:37 · answer #6 · answered by Anonymous · 0⤊ 0⤋
sorry, but no it is not.
2006-12-21 23:06:47 · answer #7 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋