You probably already know all about credit cards! Nevertheless, I wrote this short contribution that could be useful to anyone who does not have that much depth of the topic. Credit cards are payment instruments consisting of a plastic card with a number and a magnetic strip. With this tool, the owners have at their disposal real credit, which can be used in a given period of time and then returned to the financial institution that issued the credit card in the manner and within the time stipulated in the contract.
How to Choose the Best Credit Card?
Credit cards have many advantages and are represented by the fact that they replace cash and allow you to pay in a flexible manner than they spent during the previous month. You may choose between:
- Standard credit cards that provide for a refund of the balance (i.e. paying the entire amount spent during the month by a certain date of the following month);
- Revolving (credit cards) debt cards working on the principle of a...