How to use a credit card profitably
Posted: Wed Feb 19, 2025 5:07 am
A settlement agreement is a fairly common outcome of judicial bankruptcy. The borrower does not have to risk property, and the bank agrees to new terms for debt repayment. It can reduce the amount and interest rate, significantly reduce the size of monthly payments. Most likely, with this outcome, the credit card will turn into a consumer loan.
If the borrower has a stable source of income, the court may decide to restructure the debt. This option is only possible if the borrower has not restructured the debt in the last 8 years.
A settlement agreement and restructuring involve new agreements with the creditor. If the borrower violates the terms of payments, a new trial will begin. This may lead to a third outcome - the sale of property ukraine mobile database to pay off the debt. However, the court cannot take away the debtor's only home and essential items. After the sale of property (if any), you will be declared bankrupt, and you will no longer owe anything.
Use all the opportunities of credit cards to ensure that this tool remains profitable for you. For example,"DA!" card from Sinara Bank allows you to withdraw cash and conduct other types of transactions within the grace period, as well as receive points for purchases.
By registering for the card, you will receive 200 welcome points, which allow you to return funds for purchases at a rate of 1:1. Choose your favorite category and receive a 15% return in points. For all other purchases, 1% will be returned in points.
Use a credit card as a convenient means of payment, earn points and improve your credit history to get favorable loans.
The information in the article is current at the time of publication. Financial conditions may change. Please check the current data on the page of the product you are interested in. The Bank is not responsible for the use of outdated information.
If the borrower has a stable source of income, the court may decide to restructure the debt. This option is only possible if the borrower has not restructured the debt in the last 8 years.
A settlement agreement and restructuring involve new agreements with the creditor. If the borrower violates the terms of payments, a new trial will begin. This may lead to a third outcome - the sale of property ukraine mobile database to pay off the debt. However, the court cannot take away the debtor's only home and essential items. After the sale of property (if any), you will be declared bankrupt, and you will no longer owe anything.
Use all the opportunities of credit cards to ensure that this tool remains profitable for you. For example,"DA!" card from Sinara Bank allows you to withdraw cash and conduct other types of transactions within the grace period, as well as receive points for purchases.
By registering for the card, you will receive 200 welcome points, which allow you to return funds for purchases at a rate of 1:1. Choose your favorite category and receive a 15% return in points. For all other purchases, 1% will be returned in points.
Use a credit card as a convenient means of payment, earn points and improve your credit history to get favorable loans.
The information in the article is current at the time of publication. Financial conditions may change. Please check the current data on the page of the product you are interested in. The Bank is not responsible for the use of outdated information.