International Research journal of Management Sociology & Humanities
( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH
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CREDIT CARDS- NEED FOR FINANCIAL DISCIPLINE
1 Author(s): DR M.M.GOYAL
Vol - 4, Issue- 2 , Page(s) : 660 - 669 (2013 ) DOI : https://doi.org/10.32804/IRJMSH
A credit card is borrowed money. When a company issues you a credit card, you’re given a specific credit limit – the maximum amount you can borrow from the company. Each time you use the card, you borrow some amount from that company, and each month, you’re required to pay back a portion of that amount to the company. Mastercard, Visa,American Express and Discover are the major types of credit cards.