Credit cards give us instant gratification with cash in our hands (or bank accounts), which most people enjoy; however, they also make borrowing money much easier than ever before – sometimes too easy. What happens though once you’ve reached that limit? Will this purchase really help me live my best life? Maybe think again before swiping over and over again because interest rates vary.

There are many different ways we use credit in today’s society- from using it as a convenience or paying off debts before they have the chance to accumulate interest rates. Even though this is an effective way of living when used sparingly and responsibly, there’s always that risk involved if things don’t go well financially.

Learn how people use their money wisely by browsing through some great finance blogs like Masters Credit Consultants, which gives helpful tips on making good financial decisions without having any regrets later down the line.

When you are in the market for a new credit card, always shop around. They might seem like they offer free gifts with signing up, but these often come at a price and that cost is added onto your interest rates or other fees.

The credit card you’re holding right now doesn’t actually have an expiration date.

Yes, it says so on your card but there are two main reasons why this is the case: 1) It’s used as a point of reference for when to send you a new one and 2) If the merchant isn’t able to see what type of payment cards they’re dealing with in person or online at that moment, asking for your expired credit card number allows them make sure they properly identify who owns it.

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Credit Cards Can Currently Circle the World!

There are over 1.65 billion credit cards in circulation, and if you were to line them up end-to-end they would be long enough to span 88,050 miles – more than 3 ½ times around the world! With Visa alone there was 827 million credit card holders that year with Mastercard at 718 million and American Express coming in last with 109million.

SEARS Modernized the Credit Cards We Use Today

For many, the arrival of Sears catalog was a special day in their household. Long before Amazon and other online retailers took over, this company dominated American retail from coast to coast – but not for much longer. The first store card launched by Clarence Saunders back when he opened his Piggly Wiggly grocery stores proved popular with customers who wanted an easy way to make payments at multiple locations without carrying cash or checks around all the time; so well-received that it soon became widespread practice among businesses throughout America’s heartland during its early 20th century boom years.

When Sears created the first retail store card back in 1911, they had no idea how successful it would be. They used this success to create Discover Card which was introduced during one of America’s most popular sporting events: 1986 Super Bowl.

The inventor of the first credit card, Frank McNamara, thought it was just a passing fad.

He sold his share in Diners Club for $200k–the equivalent of 1.6 million today’s dollars–but by 1965 there were over one million subscribers to this revolutionary way to pay and accepted worldwide; the invention would turn out not be such an afterthought at all!

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You can validate a credit card just by adding its numbers.

This is how it works: starting from the right, double every other digit on your credit card. Now add these doubled digits to those you didn’t double and keep going until there are no more un-doubled digits left or you have reached a total sum divisible by 10; if so then that number is valid!

OK! Did you find those credit card facts interesting?!

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