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Tag: Cash

how credit card works

How credit cards work

A credit card is a plastic card that lets you access the credit card your credit card issuer gives you. A credit limit is like a loan. However, instead of giving you the full loan in cash, the bank lets you take as much of the credit as you want at a time and allows you to reuse the loan over and over as long as you pay back what you’ve borrowed.

Card holder, Cash, credit card, credit card process, credit card system, Credit limit, how credit card works, Loan

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