Is Your Credit Card Debt Monster Eating You Alive?

Written by Vaughn Balchunas Friday, 12 October 2007 03:15

It is becoming too easy for people to get charge card accounts these days. The easier it gets, the more problems our society sees. One card leads to two which leads to three which leads to stifling budget problems if you do not have the income or discipline to keep up with the bills. Credit card debt is a buzzword these days to indicate that everyone in the world is headed to the poorhouse because of overspending. That is not entirely true. Then again, credit cards can feel like a huge monster t ...

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Credit Card History

Written by Devin Gilliland Thursday, 10 May 2007 03:24

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The credit card is the result of many merchant credit systems. It was used for the first time in the 1920s. The first credit cards were used in the United States to sell fuel to the automobile owners. Their number was increasing dramatically and, in 1938, several firms started to use each other’s cards.

Edward Bellamy invented the first credit card in 1887. He was the first to use the term “credit card”. Ralph Schneider and ...

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