Credit Cards Camp Lejeune NC

Credit cards are small plastic 'plates' that contain confidential information that pertains to the holder and the card issuer. They are used in Camp Lejeune to purchase goods from merchants even when one has no solid cash. The arrangement is for the merchant to produce a receipt that the card holder is supposed to sign after purchase to confirm that he has acquired goods or services worth that much.

Credit Counselors Of North Carolina
(704) 567-8992
7506 E Independence Blvd
Charlotte, NC
 
Child Support Enforcement
(919) 560-8900
220 E Main St
Durham, NC
 
Firstpoint Collection Resources Inc
(336) 378-6310
225 Commerce Pl
Greensboro, NC
 
ClearPoint Financial Solutions
(919) 875-0900
4030 Wake Forest Rd
Raleigh, NC
 
Consumer Credit
(919) 854-4882
5301 Wayne St
Raleigh, NC
 
Anderson William A Atty
(919) 490-0500
4011 University Dr
Durham, NC
 
Triangle Family Services
(919) 821-0790
401 Hillsborough St
Raleigh, NC
 
Improve Credit LLC
(704) 877-8739
105 North Pine Street
Charlotte, NC
Prices and/or Promotions
20% off when you call and mention this ad

Financial Crisis Prevention Group
(704) 806-0655
300 McCullough Drive
Charlotte, NC
 
Consumer Education Services Incorporated
(919) 781-2565
3824 Casey Leigh Ln
Raleigh, NC
 

Credit Cards

Provided By:

These Is What Credit Cards Entail

Author: Peter Gitundu

Credit cards are small plastic 'plates' that contain confidential information that pertains to the holder and the card issuer. They are used to purchase goods from merchants even when one has no solid cash. The arrangement is for the merchant to produce a receipt that the card holder is supposed to sign after purchase to confirm that he has acquired goods or services worth that much.

The merchant claims this amount from the card issuer who then pays up on behalf of the card holder. The issuer then charges this amount on the holders account but at a higher rate which is the issuer’s interest. This is why the credit cards are considered to be an expensive mode of transacting business for the holder.

However, we cannot overlook the fact that they play a crucial role in helping the holder acquire goods and services before he can pay for them. The details that are on the card are almost standardized for all card issuers. At the front side, there is the logo of the issuing company, be it a bank or a union. There are also other features like the hologram, the card serial number, expiry date, brand logo as well as the holder’s name, either in full or in initials.

At the back of the credit card is a magnetic strip which stores the data about the transactions. It is what the reader machine at the merchant’s store senses and gets to record the transaction. There is also a strip on which the holder signs, and lastly the card’s security number.

Peter Gitundu Creates Interesting And Thought Provoking Content on Finance. For More Information On How To Manage Credit, Read More Of His Articles Here CREDIT MANAGEMENT If You Enjoyed This Article, Make Sure You SUBSCRIBE TO MY RSS FEED!

Article Source: http://www.articlesbase.com/credit-articles/these-is-what-credit-cards-entail-933645.html