Credit card loan can be considered moneylender
News about credit cards

Credit card loan can be considered moneylender

Over the last few months, Procon has closed eight financial companies that made irregular payroll loans in Recife. These companies offer loans by securing the credit card or by providing a card with installments and abusive interest without the customers knowing what they are entering. According to the body, many …

Advantages and Disadvantages of Having Credit Cards
News about credit cards

Advantages and Disadvantages of Having Credit Cards

Why I Need a Credit Card? Credit card is an electronic form of payment. It emerged in the United States in the 1920s and was only offered to clients selected for their loyalty to the financial institution. But it was in 1950 when Frank MacNamara was in a restaurant in …

Advantages and disadvantages of having credit cards
News about credit cards
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Advantages and disadvantages of having credit cards

What are the advantages and benefits of credit cards There is much risk in the indiscriminate use of the card. Risk of jeopardizing your future in an often irreparably. It is one of the greatest temptations of modern life. It must be used with extreme caution! The credit card is …

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Brazil is the 2nd country with more fraud cards in the world

Credit Card Fraud Brazil was second in the ranking with cards fraud in the last five years, behind only Mexico. 49% of Brazilians said they had suffered some type of card fraud. This was the result of a survey by Consumer Card Fraud 2016 in partnership with Aite Group. In …

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Interest on overdrafts and credit card hit new record

Hits New Record the Credit Card Interest and Overdraft It is the highest rate since July 1994, when the research began to be made. This is because, in July, the average rate of the overdraft reached 318.7% per year, while the revolving credit card rate reached 470.7% per year. Already …

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How does credit card debt and on tips

Tips Credit Card and How to Avoid Debt By credit card, the issuer (which is usually a bank), offers a consumer credit limit for it to make payments and purchases of goods and services. No need to have a current account in the bank to have a credit card. According to …

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The future credit card

Launch of Future Credit Card We have witnessed a major transformation in the way we make payments. The credit card is an old system, which will undergo profound changes in the coming years. There are several predictions and possibilities: virtual wallets, cards with dynamic numbering, use of biometrics, among others. …

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MasterCard’s profit slightly exceeds expectations

News About Credit Card Company MasterCard MasterCard, the second largest operator in the world payments, reported quarterly profit slightly above expectations, with customers spending more using their cards. However, the company’s net profit fell 6% on the jump in operating costs. Net income MasterCard fell to 959 million, or $ …