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What is meant by credit card?
Credit card can surely be stated as any payment card. This is being issued to cardholders and it acts as a substitute while making any kind of payment. It appears to be easy to use and any cardholder has flexibility to make payment for any goods and services and this comes along with a promise to deliver with on time.
The bank is eligible to issue such cards for client and this helps to create a revolving account. Banks can surely enable cardholders to give them with a line of credit so that they become capable of paying money for any goods and services. Credit cards homework help would give you detail information about the assigned topic.
Credit card is said to be an alternate option to cash and helps to eliminate all kind of worries related to carrying of currency denominations. It is a fast way to buy any products with help of cards and no need to wait for completion of cash transactions.
Differentiate from other cards
Credit cards can certainly be differentiated from all other cards available and this distinction can be done based on its abilities:
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