Banking
Credit Cards
How do credit cards work?
- Credit cards are very simple. Once you have applied and received the card you can spend money on items
- you can not go over the limit
- The money comes from any bank and you have to pay them back.
- You have to be 18 years old to have one
Are credit cards good or bad?
- It is good because you purchase things that you do not have the money for.
- But, on the other hand it is bad because you have to pay back more money than you spent.