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Frequently Asked Questions about Credit Cards

Frequently Asked Questions about Credit Cards

The basic thing about credit cards is that every transaction you make with the card increases on your debt. You simply trade on credit. Then you will receive an invoice on your total debt. Usually once a month. You can also choose to pay off your debt over a number of months at a predetermined interest rate. Your credit card also has a credit limit. This limit is determined partly by the credit limit you have applied for yourself and…

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