When are credit cards considered successful?

Answer Credit cards are loan instruments; they loan money to cardholders at a certain interest rate. Every participant in the process has a different way of measuring whether a particular account is succe... Read More »

Top Q&A For: When are credit cards considered successful

What is considered a good credit score for credit cards?

On One Hand: 700 to 720 Considered GoodAccording to CBS News, the median FICO in the US hovers at just above 700. As long as you have a score between 700 and 720 you should qualify for most credit ... Read More »

When do overdue credit cards get reported to credit bureaus?

The reporting dates of late payments to the credit bureaus vary based on each lending institution's own policy. Some companies report late payments at 30 days after a cardholder misses a payment, w... Read More »

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »

Are gold credit cards better than regular credit cards?

On One Hand: Regular Cards Accept Lower RatingsRegular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good... Read More »