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With credit cards at your disposal one can buy of credit any material which he needs. It known as a bank card since they offered by banks. Bank gives its client the charge plate which as a specific number on it, which is unique for every customer. The charge card has a magnetic strip on to it which authenticates its validity. The customer's signature is checked & if the balance in the account is sufficient he is given the goods on credit. This is called as credit card processing. The balance of the client is then reduced by the amount of the goods bought. These credit cards are safe & offer great deal of convenience to the customer since he need not carry large amount of cash with him. But before the bank gives the credit card it checks the credit worthiness of the customer, that is whether the customer woud be able to repay his bills or not & depending upon this the credit card limit is granted to the customer. The bank also gives credit alerts to the customer once the limit offered is exhausted.
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