Guide 2 Credit Cards

Welcome to the world of electronic payments

The world has definitely evolved over the past 50 years or so, and one of the biggest changes in the financial sector has been the innovation of the credit card. The system of credit has been around for centuries. Who could have known, though, that in 1950, when a man named Frank McNamara couldn’t pay his restaurant bill because he had left his wallet at home, a little plastic card would forever change the way that business is done around the world.

In Guide 2 Credit Cards, we’ll explain what a credit card is, and what it’s good for. We’ll also go back in time and fill you in on its history and give you a helpful glossary so you can follow along with the financial terms used.

The different types of credit cards, such as merchant-issued, business, and secured and prepaid cards will also be explained. We’ll let you know what the differences are between variable and fixed rate interest cards and give you the lowdown on rewards and cash back cards.

In our Leading North American Credit Card Brands section, we’ll let you know which companies are the largest and most popular credit card issuers, and give you a brief history and summary of each brand.

In the Credit Ratings / Scores section, we’ll give you information on how your credit rating is calculated and shared and give you some pointers on how to stay out of debt, along with some other important credit card tips. If you don’t think your credit card is doing any good, we’ll also let you know how to properly cancel a credit card.

Guide 2 Credit Cards will also explain why reading credit card fine print is so important and give you some interesting credit card statistics. In addition, we’ll supply you with some important information about credit cards that every consumer should be aware of. After reading the guide, we’ll let you know what factors you should consider when choosing a credit card, and what security measures you should implement to protect yourself from credit card fraud once you have one.

We hope that our Guide 2 Credit Cards will be able to answer all of your questions about the types of credit cards that are available and their uses.