Categorized In: Finance & Economy , Conversational
Source: HowStuffWorks "How Credit Cards Work" | money.howstuffworks.com
Nov 07, 08:22pm
Credit-card companies charge cardholders an annual fee and bill them on a monthly or yearly basis. This may include MORE?
A credit card authorizes the person named on it to charge purchases or services to his account. He will be billed for the charges.