Credit card: Difference between revisions
(New page: A '''credit card''' allows people to purchase while paying later. {{stub}}) |
No edit summary |
||
Line 1: | Line 1: | ||
A '''credit card''' allows people to purchase while paying later. | A '''credit card''' allows people to purchase while paying later. | ||
In a way credit cards are also a way to loan money on a low or zero interest base. | |||
In the past it was possible to exploit this feature to make money by taking the maximum amount for as long as possible on a zero interest base on a saving account. | |||
{{stub}} | {{stub}} |
Revision as of 03:08, 15 May 2011
A credit card allows people to purchase while paying later.
In a way credit cards are also a way to loan money on a low or zero interest base. In the past it was possible to exploit this feature to make money by taking the maximum amount for as long as possible on a zero interest base on a saving account.
- This is a stub. You can help by clicking edit and adding some more info.