A bank will provide you with a credit card as a form of loan, giving you access to a revolving credit line through your card account. You can use the credit limit on the loan that underpins your credit card to make little and major purchases. If you do not pay off the balance on …
Credit cards are considered revolutionary financial products which have completely changed the financial landscape. The ease of payment and carrying the mode of payment has replaced the hard plastic cash in most of the countries for mostly transactions. With the introduction of credit cards in the 1950s, it has become indispensable for most people. A …
Your credit record is like a sentinel. It watches over you and protects you from possible identity theft and consumer fraud. It also serves as the gateway for your long-term goals like buying a house, getting a loan, and others. To pass by that gateway, you need to have great credit scores. Credit bureaus ensure …
