Credit CardsThe revolving debt is often linked to the use of a credit card necessary to take funding on behalf of the consumer.

 

Thus, to use the reserve money, the consumer usually has a map made ‚Äč‚Äčavailable by the lender (usually the major retailers). This debit card works like a credit card in that, upon payment to the checkout, the consumer only has to show the card and the amount is immediately deducted from his account.

 

The credit card may be issued by a department store, a group or an organization in an interbank network. In the latter case, it can be used in several partner shops of this organization. Thus most hypermarkets and department stores offer such cards to finance their customers’ purchases.

 

It is important to note that when the credit card is subject to the possibility of withdrawing cash, it is treated as a bank card and regulations applicable to the loss, theft or misuse it is also applicable. Therefore, the consumer is required in case of theft, loss or misuse, to oppose the ceilings and limits of liability of the lender will be the same in case of theft, loss or fraudulent use of a credit card.

 

So exercise the same vigilance with your revolving credit cards with your credit card, to the extent that the consequences in case of theft, loss or misuse, can be serious and irreparable.