CREDIT TARGETS IN BRIEF

What is a Credit Card? The credit card is a payment instrument. Money is a payment instrument. Credit cards can be used as a payment tool. But we are indebted to the bank. So if we buy a product and we do not have enough cash to pay, we borrow that money and we can pay the bank at the end of this borrowing period (thirty days). A credit card is a payment instrument that makes it easier for us to make payments. It is