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How to build credit with a credit card

Building good credit with a credit card requires spending less than your credit limit allows and promptly paying off the bill each month. If you’ve never had a credit card or taken out a loan before, consider becoming an authorised user on a friend or family member’s credit card or […]
How to build credit with a credit card
Markets

Consumers might abandon credit cards and push $100 billion of spending onto debit cards every year because of coronavirus, a Visa executive says

Consumers are using more debit cards compared to the other high-end option of credit as a result of the coronavirus pandemic, Visa has found. Visa’s US credit-card volumes fell sharply in May year-on-year, while debit-card usage grew 12%, according to an SEC filing this week. The payment-card company’s internal analysis […]
Consumers might abandon credit cards and push $100 billion of spending onto debit cards every year because of coronavirus, a Visa executive says
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