chelseamccloud10 chelseamccloud10
  • 08-12-2021
  • Business
contestada

How do banks make money off of the credit they issue

Respuesta :

maddiekeeling7 maddiekeeling7
  • 08-12-2021

Answer:

The primary way that banks make money is interest from credit card accounts. When a cardholder fails to repay their entire balance in a given month, interest fees are charged to the account. ... When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing ban

Explanation:

Answer Link

Otras preguntas

The Discovery of the __________ during the Renaissance changed American and European culinary experiences forever.
What is 2x35-176+65divided by 2
Crane Flight Services contributes $25 a week to Helen's retirement plan starting immediately. Assuming she works for Crane for another twenty-two years and the
Drag the tiles to the table. The tiles can be used more than once. A falsifiable hypothesis can be shown to be incorrect through experimentation and observation
please help me :::::::::::::::::::::::::::::::::6 μg -----------》g :::::::::::::::::::::::::::::::::How to convert and answerthe lesson about prefixes in physic
What is the 1st step on simplifying 3+8/2
Which of the following makes videos appear smoother and more fluid? Higher frame rate Lower resolution Lower frame rate Higher resolution
from where does water come to our home ​
orígenes de los números naturales
6.72 x 10^12 in standard form