If I put my rental bond onto a credit card, is it a cash advance, or a purchase?
Question:
Answer:
Purchase because you are not actually receiving cash you are purchasing an product or service.
Purchase.
If you are asking about a deposit on something like a rental car then it is neither. They just reserve the amount but don't actually charge the account.
If you are asking about something else then I would not know.
Small steps like paying your bills on time and using only part of the credit available to you. Also use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at http://www.acreditlibrary.com/buildcredi...
More Related Questions & Answers...