Full Definition of POLARITY. 1. : the quality or condition inherent in a body that exhibits opposite properties or powers in opposite parts or directions or that exhibits contrasted properties or powers in contrasted parts or directions: the condition of having poles.2.: attraction toward a particular object or in a specific direction. 3. the quality or condition inherent in a body that exhibits opposite properties or powers in opposite parts or directions or that exhibits contrasted properties or powers in contrasted parts or directions: the condition of having poles. 2. : attraction toward a particular object or in a specific direction. 3.
Credit Card Processing. Card companies usually take three to five days to get the money back into your account. However, it can take two or three billing cycles for the refund to show up on your printed credit card statement. That's because your statement might have already been created at the time of the refund.
According to the credit reporting agency Experian, this is how it works: The debt starts as a current, never late account. As you get behind on the payments, it is typically reported as being 30, 60, 90, and then 120 days late. At that point the creditor is likely to charge off the debt. Its status will be changed to âcharged offâ and âsold to collections.â âCharged offâ and âsold to collectionsâ are both considered a final status. Although the account is no longer active, it stays on your credit report.