|
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user. Usage of the term "credit card" to imply a credit card account is a metonym. A credit card is different from a charge card: a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers a continuing balance of debt, subject to interest being charged. Most credit cards are issued by banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1. This is defined as 85.60 × 53.98 mm (3.370 × 2.125 in) (3/8 × 2/8 in) in size. From Wikipedia under the
GNU Free Documentation License From Yahoo Image Search: "Credit card"  abovegroundpoolcovers.net unknown Sat, 04 Sep 2010 06:34:02 GM by torridonmrt Do you really need a business . credit card. for your small business? Insufficient capital is a big concern for many small. From Google Blog Search: "Credit card"  youtube.com Tue, 07 Apr 2009 08:21:31 PDT Hidden penalties, sudden interest rate hikes, and deceptive language are just a few of the questionable tactics used by credit card companies to ... youtube.com.  youtube.com Sat, 27 Dec 2008 23:58:16 PST In this second installment, I continue my discussion about how corrupt financial institutions like Chase Bank need to be boycotted. I also ... youtube.com.  youtube.com Tue, 01 Jan 2008 11:47:10 PST www.MerchantAccount-Free.com Free Hypercom Optimum T4100 Credit Card Processing Terminal Vist http email for info Tags ... youtube.com. From Google Video Search: "Credit card"  csmonitor.com Wed, 11 Aug 2010 22:22:36 GMT+00:00 fraud kingpin arrested in France Christian Science Monitor He is charged with helping to create and use illicit on-line forums to make fast and easy transactions to sell stolen credit card information to those ... `Most Prolific' International Credit Card Trafficker Arrested, US Says Bloomberg DOJ says credit card trafficker arrested The Associated Press Suspect in US credit card fraud case is nabbed in France AFP  businessweek.com Thu, 19 Aug 2010 19:27:31 GMT+00:00 BusinessWeek Macy's has partnered with American Express on a new credit card , the retailer said Thursday. The card will replace certain Macy's Visa cards. ...  cleveland.com Wed, 01 Sep 2010 13:05:28 GMT+00:00 scam: Plain ... Plain Dealer ... but wanted the auto shop to bill an extra $2500 to the card and then forward the overpayment to a "towing company" that didn't accept credit cards . ... From Google News Search: "Credit card" Credit card? Q. I'm getting a credit card soon and I don't know anything about them. Please tell me all you know about credit cards, how they work, which has brought you the best of luck, your experiences. I'm really nervous about it. Serious anwers please. Asked by unknown - Tue Mar 20 10:23:37 2007 - - 8 Answers - 1 Comments A. A credit card can be a really good thing to have, or it can be a nightmare. Try to find one that charges no annual fee and that gives you some kind of reward...airline miles, cash back, something. Then...and listen closely...Pay it off in full every month!! You do that, no problem. you start missing payments, then you can quickly get in over your head. They may occassionally send you the most boring looking documents you have ever seen in the mail. Read them. The credit cards can change the terms of your agreement, and these boring looking notices are the only way they tell you. If you use the card after theyhave sent out the change of terms, you have accepted the new terms. Good luck. Answered by BosCFA - Tue Mar 20 10:32:28 2007 What credit card to get at 18 and not a college student? Q. I always thought at 18 they love to give you credit cards, I've tried Capitol One, Chase, a QT credit card, and a Best Buy one. All deny due to no credit history. I obviously can't get Credit history if they won't let me have credit. I Work 2 jobs and just want to have one just in case and to actually build my credit. What's going on and why do i keep getting denied? Asked by unknown - Sat Aug 8 15:42:16 2009 - - 4 Answers - 1 Comments A. Stop applying for the cards, you will only be denied. You will have to start building your credit rating with secured credit. Make sure the banks report to the credit bureaus, otherwise it does no good. Go to the bank you do business with, ask them if they have a secured credit card, if they do open a new account with $300 - $500 tell them you want a secured credit card against that account. Use the card for small purchases like gas or food and pay the card off entirely each month on time. Also you can take your savings account and save until you have $1,000. Tell your banker you want to take a installment loan out against the savings account. Take the money you receive and put it in your checking account to repay the loan. Pay it off in… [cont.] Answered by Dixie Darlin' - Sat Aug 8 16:34:41 2009 My credit card balance is over 50%. How long will it take my credit score to go back up?
Q. Hi. I recently just got my first credit card ever and used it to make a $1600 purchase. The credit limit is $3000, so obviously I'm over 50% of the balance, and I just learned that's bad for credit scores. I expect to be able to pay off the purchase in the next two or three months. Will my credit score go back up immediately after I get the balance on my card down, or will it take a while? Thanks. Asked by Casey - Mon Feb 26 19:25:03 2007 - - 3 Answers - 2 Comments A. Once your percent gets to below 30% of your available credit, you will see improvements. They lower the percentage, the higher your potential score is. Answered by Mariposa - Mon Feb 26 22:37:18 2007 From Yahoo Answer Search: "Credit card" See also:
|
KnowledgePlex - A credit counselor checklist