What constitutes credit card risk?

Answer Credit card risk is the risk of a merchant incurring disputes, also known as "charge backs." These disputes are not related to debits or credits. They refer to customers who are unhappy about charg... Read More »

Top Q&A For: What constitutes credit card risk

Risk of Credit Card Debt?

The average family with revolving credit held about $16,000 in credit card debt during 2009 across 3.5 accounts, according to The typical account had an annual percent rate of 14.3... Read More »

Is it standard practice to charge credit card fees when paying by credit card?

While some businesses charge a fee when customers pay by credit card, it is against their merchant agreement with the credit card company, such as Visa or MasterCard. If you encounter a company th... Read More »

Does a secured credit card look just like a regular credit card?

A secured credit card differs from a standard credit card in the fact that the borrower must make a deposit to the credit card company to protect the company from the likelihood of default. Merchan... Read More »

Credit Risk Problems?

Credit risk is a problem for both consumers and lenders. If a consumer is deemed a credit risk, he will encounter widespread financial problems that hurt his personal finances. If a financial insti... Read More »