2010年1月20日星期三

What is credit card?

It is an interesting question when some ask me what is credit card.Because you know,credit is so common that it should be no one do not know it.As we all know,credit card made the economics tragedy of America in the last one year.Many people over use their credit card but they have no ability to return the money.
A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder’s promise to pay for these goods and services.[1] The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.

Now,you have known what is credit card?Ok,Next step is to know what is real estate mortgage loan

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