credit card user

What are the Risks of Using a Credit Card
Credit Card Finance

What are the Risks of Using a Credit Card?

Credit cards act as extremely short-term bank loans. Your credit limit is determined by your income, level of debt at the time, and credit score. When you use a credit card, the retailer withdraws funds from your bank, and you are then responsible for paying the lender back within the next month. Generally, a statement […]

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