3 Types of Credit Cards

Summary
The article I have read is about three types of credit card. Every credit card has its advantage and disadvantage of using it. There are hundred kinds of credit cards in the world, but this article concludes them into three types: Secured Credit Cards, Rewards Credit Cards, and Low or No Interest Credit Cards. Secured credit cards are for people who ever had difficulty with your credit card use in the past. Rewards Credit Cards are for people who prefer to do most of their spending and purchasing on a credit card every month. Low or No Interest Credit Cards are for people who want to pay existing debt down or keep their credit card purchases at reasonable interest rates would enjoy a low or no interest credit card.

Connection
In chapter fourteen, we learn the basic knowledge of credit card. The advantage and disadvantage of the credit card, and the way to use it are connected to this chapter. But in this chapter, only some of the basic knowledge of credit card is shown. Therefore, more articles we read, more knowledge we can accept. Like this article, it has more details about the types of credit card than the book. In addition, while credit card is more and more popular, the way of using it is more and more important.

Reflection
To most of the people, credit cards are parts of their lives. People may not have Accounting twelve, but they must have credit cards. In fact, people use credit cards more than using real money. Also, the types of credit card are very important to us, because everyone is different in financial position. Some are rich, some are poor. Some doesn’t care the fee of the credit card, some doesn’t use credit card often. That is the reason why I pick this article to put into my blog. We should not miss anything helpful to us.
Article: http://www.creditorweb.com/articles/3-types-of-credit-cards.html