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

What is the surface area of a cube with 4m, 4m, and 4m as the l,w, and h
But how do the government and the economy intersect in society?
what are some long trem and short term health incuriance plan
Banner ads benefit websites by ________.
Sonata form is used frequently as the form for the ________ movement of a multimovement work.
What is the resistance of a circuit with a voltage of 10 volts (V) and a current of 5 amps (A)? Use Ohm’s law to calculate the resistance. The resistance of a
Mark the statement which is NOT true 1.) A fief is the troop of knights granted to the vassal. 2.) King John of England was a vassal himself who refused some
Multiply (6z 2 - 4z + 1)(8 - 3z). 18z3 - 60z2 + 35z - 8 48z2 - 18z + 8 6z2 - 7z + 9 -18z3 + 60z2 - 35z + 8
Addiction can cause physical cravings and _______. a. psychosomatic cravings b. psychological cravings c. physiological cravings d. phantasmagoric cravings
When was the first ROV developed?