Since I was a child, I have been dreaming to have my own credit card someday. When my mom and I would go to a certain mall, I am always amazed with these people who don’t give the cashier any money but were still able to buy all sorts of stuff. I was wondering how that small plastic card can let them have those things. So, I asked my mom about it and she told me it is a credit card. She actually explained to me everything about credit cards.
To give you details I actually google it and it directed me to Wikipedia. It says, a credit card is a system of payment named after the small plastic card issued to users of the system. Credit cards are issued after an account has been approved by the credit provider, after which cardholders can use it to make purchases at merchants accepting that card. When a purchase is made, the credit card user agrees to pay the card issuer. The cardholder indicates his/her consent to pay, by signing a receipt with a record of the card details and indicating the amount to be paid or by entering a Personal Identification Number (PIN).
Hmmmnn…now that I am done with school I can have my own credit card now. I am already eyeing for what possible credit card I will be applying. I actually read cool reviews about credit cards from Your Credit Network, a very interesting site for your online application.