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Credit cards are unstructured debt accounts linked to a plastic card that allows the holder to make purchases from retailers that accept the card. Common credit card networks in the U.S. include Visa, MasterCard, Discover, and American Express.

2 votes

Why would someone get a credit card with an annual fee?

Some credit card offers have their most attractive propositions in the form of balance transfer options where they chart their profit more on annual fees and less on interest. Many offer no interest f …
Tim Post's user avatar
  • 131
1 vote

Trying to lower my credit card APR; how to know what I should ask for?

That sounds like it could be one of your older revolving accounts, so paying it off and using it just enough so that it's not closed due to inactivity would be the thing to do. I wouldn't 'threaten' a …
Tim Post's user avatar
  • 131