Lesson60 seconds
What is Credit Card?
A card that lets you spend borrowed money up to a limit and repay later.
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Simple Definition
A credit card is a revolving unsecured line for purchases (and sometimes cash), billed periodically with interest on unpaid balances.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
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