What's a credit? Why are there so many credit card companies? Who can issue it? How I'm supposed to select the best one?

2016-06-02 5:18 am
What are Visa and Master? How do they make money and work?

回答 (2)

2016-06-03 4:57 am
Banks can issue it.

You are not supposed to select the best one.

Visa and Mastercard are companies that run the computer networks that connect the stores/merchants to the banks that issue the credit cards.

They make money from the fees that they charge.
2016-06-02 7:00 am
Smart kids - Don't.
Uniformed kids get one from the local bank.
THEN use it seldom.
Uniformed kids get Debt card and lose 100s$ yearly in overdraft fees penalties.
Visit Dave Ramsey website for enlightenment and education without pain.


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