Credit Cards

A credit card is a card that lends the user a limited amount of money to pay for goods and services, with the promise to pay the money back by a certain date.

Credit cards offer a convenient way to pay for goods and services and are usually a person’s first access to credit. It’s important to keep in mind that although useful and convenient, credit cards can sometimes be a very expensive way to borrow money. Understanding how credit cards work and knowing what your rights are as a credit card user can go a long way to helping you make your credit card work for you.