Scritto da Ron Howard

With the growth of mass debt in all western countries, and especially in the USA, Credit Card is a fundamental tools of “new citizenship” and contemporary economy.


It’s a very difficult sector of new debt-based economy. For consumers, the difference between a “debit card” and a “credit card” is that the debit card deducts the balance from consumer deposit account, like a checking account, whereas the credit card allows the consumer to spend money on credit to the issuing bank. In other words, a debit card uses the money you have and a credit card uses the money you don`t. The second type, of course, create more risks for consumers, banks and for the whole economic system.


There are more service related to the world of credit cards. The most requested is credit score repairing, linked to Bad Credit Credit Cards. Credit score is a numerical expression based on a statistical analysis of a person’s credit files, to represent the creditworthiness of that person, which is the perceived likelihood that the person will pay debts in a timely manner. A credit score is basically based on credit report information, typically sourced from credit bureaus / credit reference agencies.


Credit scoring is not limited to banks. Other organizations, such as mobile phone companies, factories, insurance companies, employers and government departments use the same techniques, verifying Business Credit Card.