Credit Newsletter
By: Jose Bolivar
What is credit?
What is a credit card?
A credit card is a plastic card issued by a bank for the purchase of goods or services on credit.Credit cards can be used almost anywhere when making a purchase.The benefit of using a credit card is not having to carry money.With a credit card you can carry as much as your bank will loan you or your credit limit.The bad things about using credit cards are the annual fees, interest rates, penalty fees, and over-the-limit fees which are all costs of using a credit card.
Stay safe while using credit cards
- only use credit cards when you really need to
- pay off the loan as quick as possible
- keep track of purchases made with a credit card