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What is Credit Card?

Credit Card

A bank-issued plastic card that allows consumers to pay for products without cash payable at a later date. Credit cards carry interests on the outstanding balance and it may be carried month over month. Credit cards is one of the most recognized payment systems across borders and is universally accepted around the world. Credit cards grant the user credit purchases within the credit limit. Credit card companies may also charge additional fees on the application process or renewal of the card.

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  1. Ahsan said:
    on October 7th at 02:56 pm

    There should be an article on this site titled: “What is a bad credit?”