The Cash Account is used for cash loads, money transfers, ATM transactions, and Bill Payments. This is also where you will add cash to cover the automatic monthly minimum payment.
The Secured Account is used to secure the Credit Line. Money is transferred from the Cash Account into the Secured Account to increase your Credit Line. Funds in the Secured Account are not accessible. These funds are used to secure your credit line through Credit-On-Demand.
The Credit Account is used for all your purchases, and consists of three parts:
- The Credit Line is how much total credit you have.
- The Available Credit is the amount of credit you have to spend.
- The Outstanding Credit Balance is how much of your credit limit you’ve spent, which is how much you owe.
Available to Spend is your total spending power. This balance is the sum of the Available Credit and the Cash Account balance and it reflects the total amount you can spend. Your purchase transaction will be declined if it exceeds this balance.
Thanks Academy Credit Approximately 7 months ago, I started Service with you` My Credit Was So Bad From All The Three Major Credit Bureaus, i Couldn't Qualify For Anything Because My Credit Scores Were To Low Between 450 To 490 Range, Now i Can Get The Credit That i Deserve, To Recap` My Credit Scores Are in The High 690 Range, Now My Goal is To Get My Dream Home Very Soon, & When i Say Soon It Will Be Sooner Then What i Expected, I've Already Recommended Your Services To Several Relatives And Friend Thank You Academy Credit For Your Help' I Couldn't Have Done It With Out You "!!
Play >
