What's In A Credit Card

A credit card is more than a piece of plastic with a magnetic strip that you can use when you don't have cash. There's a lot more you should understand about credit cards, especially if you want to equip yourself to stay out of debt.

Understanding the basic credit card features helps you choose and use credit cards wisely. That way, when your creditor sends you something in the mail about a grace period or a finance charge, you know exactly what he's talking about.

Read: Basic Credit Card Features

More on credit card basics:

• Common Credit Card Fees
• The Credit Card Billing Process
• Types of Credit Cards