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Credit Card |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Credit card Any card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit. Credit Card A card entitling the owner to use funds from the issuing company up to a certain limit. The holder of a credit card may use it to buy a good or service. When one does this, the issuing company effectively gives the card holder a loan for the amount of the good or service, which the holder is expected to repay. Most credit cards have variable and relatively high interest rates on these loans. Credit cards also have a limit, which may be raised or lowered depending on the creditworthiness of the card holder. Most analysts recommend treating a credit card as a short-term loan, as allowing the interest to compound for too long may result in dire financial straits. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Identity theft is serious crime that has affected thousands of people across the world With the advent of new financial technologies line internet marketing and credit card systems the need for further identity theft protection and better identity theft check system has increased Mature and well established retailer of credit card systems that include This concern is in part a result of a massive advertising and marketing campaign by banks and credit card companies to sell procurement credit card systems to business. |
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