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In 1950 Diners Club issued its first credit card to let businessmen charge meals. It was pasteboard with a list of the 27 restaurants that accepted it printed on the back. The first plastic card was issued in 1955.



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Additional Reading

Be Careful of Inquiries on Your Credit Report
Every time that someone looks at your credit report, the inquiry is noted. If you have lots of inquiries on your report, it may appear that you are shopping for several loans at once - or that you ha...

The Buyers Market
Can't buy your house in cash? Don't worry, you can borrow the money--Credit usage has become vital to the US economy, and in some cases devastating to the consumer. This article shows how is it both a...

Online Credit Cards: How To Apply For Them And What To Look Out For
With the advent of the Internet, almost everything has been rendered deliverable with digital speed. You could order items online, for example, and the same would be shipped to your doorsteps the nex...



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