Credit Cards - The Basics

How Lenders Operate ? And How They?ll Make a Tidy Fortune from the Unknowing
Credit card companies might seem like immensely clever, money making enterprises that exploit every loophole to maximize the interest payments ? and profits ? they are taking from you every month. Nothing, however, could be further from the truth. These financial institutions operate on simple principles and exploit the fact that consumer demand and their customer?s naivety will keep business turning endlessly over.
It doesn?t have to be that way, however. Know what to look out for and you can cut your overheads and stop these businesses from making a dime more than they have to.
Lenders exploit the fact that people use one card for many purchases. For example, if you use a balan View the rest of this article