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The concept of using a card for purchases was invented in 1887 by Author Edward Bellamy and described in his utopian novel "Looking Backward". Bellamy uses the explicit term "Credit Card" eleven times in his novel.



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Additional Reading

Using A Credit Card To Fund Your Business
More and more people are using their own personal credit card to fund their businesses. While this may be satisfactory in the short term, going down this route can create many financial headaches at a...

Important Things to Know About Divorce and Credit
A divorce decree can endanger credit, and joint debts remain joint debts. Re-assigning debt in divorce decrees does not relieve a spouse of debt responsibility.

Boosting Your Credit Score To Get The Best Credit Card Deal
One of the basics of getting the most competitive credit card deal in the market is to ensure you have the best credit record possible. Few of us are lucky enough to be earning a six-figure salary, a...



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