Chapter 1 - Credit cards
CONTENTS
1.1. How credit cards work
1.1.1. Advertising, solicitation, application and approval
1.1.2. Interest charges
1.1.3. Benefits to customers
1.1.4. Detriments to customers
1.1.5. Grace period
1.1.6. Benefits to merchants
1.1.7. Costs to merchants
1.1.8. Parties involved
1.1.9. Transaction steps
1.1.10. Secured credit cards
1.1.11. Prepaid "credit" cards
1.2. Features
1.3. Security problems and solutions
1.4. Credit history
1.5. Profits and losses
1.5.1. Costs
1.5.1.1. Interest expenses
1.5.1.2. Operating costs
1.5.1.3. Charge offs
1.5.1.4. Rewards
1.5.1.5. Fraud
1.5.2. Revenues
1.5.2.1. Interchange fee
1.5.2.2. Interest on outstanding balances
1.5.2.3. Fees charged to customers
1.6. Over limit charges
1.6.1. UK
1.7. Neutral consumer resources
1.7.1. Canada
1.8. History
1.8.1. Collectible credit cards
1.9. Controversy
1.9.1. Hidden costs
1.9.2. Redlining
1.10. Credit card numbering
1.11. Credit cards in ATMs
1.12. Credit cards as funding for entrepreneurs
