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The Secrets of Credit Card Companies

September 17th 2010 03:43
How Do Credit Card Companies Make Their Money?


If everyone paid their credit balances off on time, would credit card companies survive?
Do they rely on interest from outstanding balances or are there back up methods?

The info-graphic below sourced from CreditScore.net details how Visa and Mastercard stay in business.



credit card information
click on the info-graphic to open a larger version in a new window.



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