As a first-time credit card seeker, there’s a lot you can do to save your time during the process – like learning some important terms such as credit history, credit score, and the potential consequences.
First things first – a credit card resembles other types of loans, as it lets users buy stuff by using someone else’s money temporarily. You’d repay that loan in monthly installments, which gives users a chance to afford things they couldn’t pay for in one go.
Terry Clark is the Publisher and Content Director of 365 Retail, with more than a decade of experience covering retail design, technology innovations, store openings and the wider retail industry. He also works closely with leading retailers, suppliers, agencies, events and industry awards across the UK.
