Using Banks and Bank Accounts/changing money

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Expert: Robert Hanzel - 3/18/2007


Question
if you sell an item online and the person gives you there credit card number how do you get cash

Answer
Unfortunately, you have to have merchant ability, which means that you have to be able to take credit cards. Without that ability, there is no way to get the money. you cannot just call the credit card company or something like that. Without having that ability, there is nothing that you can do. Sorry.  

Using Banks and Bank Accounts

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Robert Hanzel

Expertise

I can answer questions regarding most areas of consumer and commercial finance. I have extensive experience regarding various types of loans (commercial, consumer, USDA, SBA 504, SBA 7A, foreign), many investment vehicles, credit, economics, and banking. I am not an expert regarding tax structures and other tax issues and thus would not recommend asking tax related questions

Experience

Over 11 years Financial, Investigative, and Legal experience including loan review, due diligence, financial analysis, collections, and risk management. I have managed Credit Administration, Loan Administration, Credit Analysis, Credit Review, Liquidation Departments, Collections, and workouts

Organizations
Both the Risk Management Association and the Bank Administration Institute.

Education/Credentials
I have obtained both my Credit Risk Certification from the Risk Management Association and a Loan Review Certification from the Bank Administration Institute.

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