via creditloan.com
Throughout history, many different methods were used to keep track of credit. Eventually, as you may know, we ended up with the credit card. Here’s what went on before that magical little piece of plastic came about.
Throughout history, many different methods were used to keep track of credit. Eventually, as you may know, we ended up with the credit card. Here’s what went on before that magical little piece of plastic came about.
Banks, lenders and card companies are fickle; they want your money; nay, thrive off your money, but push them too far and they are happy to discard you like a sweet wrapper. It's a fine line, balancing precariously between financial solvency and having a credit rating so poor, not even your grandmother would lend you a few bucks.