I believe there is no need to explain what exactly Credit Card means but nevertheless I will delve in to some background of it before actually coming to main discussion.
One thing which I want to mention is using credit card wisely matters a lot more these days as it could be next worse thing to hit US financial markets after sub-prime. In case of sub-prime, at least the property is held as collateral but in case of credit card debts even that cushion is not there for banks.
So watch this space for much more information and also how credit card can be your best friend if used wisely. Your comments and suggestions are welcome.
One thing which I want to mention is using credit card wisely matters a lot more these days as it could be next worse thing to hit US financial markets after sub-prime. In case of sub-prime, at least the property is held as collateral but in case of credit card debts even that cushion is not there for banks.
So watch this space for much more information and also how credit card can be your best friend if used wisely. Your comments and suggestions are welcome.
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