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credit card
credit card
A Dictionary of Business and Management
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2006
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© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information)
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credit card A plastic card issued by a bank or finance organization to enable holders to obtain credit in shops, hotels, restaurants, petrol stations, etc. The retailer or trader receives monthly payments from the credit-card company equal to its total sales in the month by means of that credit card, less a service charge. Customers also receive monthly statements from the credit-card company, which may be paid in full within a certain number of days with no interest charged, or they may make a specified minimum payment and pay interest on the outstanding balance. Credit cards may be used to obtain cash either at a bank or its ATMs. See also
charge card;
debit card;
gold card.
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Credit cards: top loan contenders. (Products and Services)
Magazine article from: Credit Union Executive; 11/1/1992; ; 700+ words
; ...standing the ring: the credit card. Credit card loans are growing...And because credit cards are such a lucrative...with 33% to 56% of credit unions that offer cards), over-limit fees...payments (41%), lost card replacement (20...
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Credit Cards Can Financially Strap Irresponsible Students.
Newspaper article from: Knight Ridder/Tribune Business News; 9/15/2003; 700+ words
; ...Omaha, got his first credit card two years ago as a freshman...friends about the credit cards they used and researched card offers on the Internet...average, with a combined credit-card and student loan...had a combined credit-card and student loan debt...debt ...
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Credit cards don't pay off for college students
News Wire article from: University Wire; 8/30/2006; ; 700+ words
; ...500 balance on a credit card with an 18-percent...decisions about credit cards, Brock said. Retail...stores have store credit cards that charge...some store credit cards charge up to 30...the Angel Credit Card and used the discounts...need to get a store ...
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Credit cards pose challenges for students
News Wire article from: University Wire; 6/4/1999; ; 700+ words
; ...started with just one credit card for emergency purposes...year, McBee carried six cards, with over $3,000...Additionally, many credit cards begin with a lower introductory...percent. Many credit card companies show in the...late. One of McBee's cards rose to a 22.9 ...
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Credit Cards and the Law
Magazine article from: American Bankruptcy Institute Journal; 12/1/2008; ; 700+ words
; ...purchased with a credit card. Finally, Ms...evolution of the credit industry is addressed...ATM and gift cards. These products...balance if the card has been inactive...ATM and debit cards. The Electronic...typically apply to credit card accounts. The...
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CREDIT CARDS' INSIDIOUS EFFECTS MAY POSE PRODUCT LIABILITY ISSUE
News Wire article from: US Fed News Service, Including US State News; 10/26/2006; 700+ words
; ...A unique feature of credit cards is that "they allow...every month, credit cards reduce a consumer's...a fact that credit-card issuers encourage through...long-term elements of credit-card price." Visa...with about 1 billion cards in circulation. It is...rates ...
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Credit cards and loans cause grief for students
News Wire article from: University Wire; 8/20/2002; ; 669 words
; ...Many blame the credit card companies for students...applications for credit cards with spending limits...run up on credit card. In some cases they...return. The average credit card interest rate...one or two credit cards and keep them at...charge your ...
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Credit Cards: Use and Consumer Attitudes, 1970-2000.(Statistical Data Included)
Newspaper article from: Federal Reserve Bulletin; 9/1/2000; ; 700+ words
; ...wide availability of credit--such examples can...report on the use of credit cards some fifty years after...on the use of credit cards in the United States...attention to the growth of card-based credit. It then...attitudes toward credit cards and their knowledge ...
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Credit cards present problems, expenses for students
News Wire article from: University Wire; 9/2/1998; ; 700+ words
; ...Habenstreit, the words credit cards are synonymous with...senior said her 11 cards have given her nothing but grief. "Credit card companies prey on college...said she still likes credit cards better than her debit card because of the convenience...
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Credit cards and the credit crisis.(selected topic)
Magazine article from: Business Credit; 6/1/2009; ; 700+ words
; ...perhaps too powerful, credit cards have become...issue these credit cards and are at least...increased credit card use with slower...nation's leading credit card companies met...important role credit cards play for consumers...trends in credit ...
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Credit Cards
Dictionary entry from: Dictionary of American History
...moved to embossed aluminum charge cards in the size still common in the early 2000s. Early charge cards did not possess the key feature of modern credit cards: revolving credit, which allows card-holders to pay balances over...
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Credit Card Financing
Encyclopedia entry from: Encyclopedia of Small Business
Credit Card Financing Increasing...have turned to credit cards to finance their business...Often, these credit cards were originally secured...personal use, but credit card issuers are targeting...owners for corporate cards as well. Credit cards...
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credit card
Book article from: The Columbia Encyclopedia, Sixth Edition
credit card device used to obtain...article or service. Credit cards may be issued by a business...automated teller machines ). Credit card issuers receive...stores that accept their cards and by consumers that use the cards, and from interest charged...became the first ...
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Credit Card
Book article from: How Products Are Made
...which tallies the card activity during...terms of the card, the customer...basis. Also, credit cards may be sponsored...American Express). Credits cards are a relatively...cover all these cards. VISA became the first credit card to be recognized...
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credit card scam
Book article from: A Dictionary of the Internet
credit card scam A illegal scheme whereby a WEB SITE gains the credit card details of a user and where the developers of the site use these details to make illegal purchases. Often the site which captures the details is a COPYCAT SITE that mimics the site of a reputable company.
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