Finding the most suitable Mastercard and Visa credit card

The key to responsible lending is to match the right person with the right card for them. This is something that Capital One must ensure that they give their customers all the information and advice that they need to get the most out of their credit cards.

Credit is where you can purchase items and pay for them later. This helpful video gives everyone a chance to see the different kinds of credit that are available and explains in simple terms some of the jargon that you may come across. Credit covers a huge spectrum of lending, apart from credit cards there are loans, overdrafts, mortgages and hire purchase.

Responsible borrowing means that you are sure you can easily afford the required monthly payments and don’t miss any. An overdraft in one of the most basic kinds of credit, where your bank will let you spend more money that you have in your account up to an agreed amount. There will more than likely be charges or fees for this service, and you mist stick to the repayment plan.

Published for Capital One