Credit

Credit

Credit are the means of payment of cash that can be used by consumers to be exchanged for goods and services they want in the places that can accept payment by credit card (merchant ).Requirement is simple is a photocopy of ID card,paycheck or income,photographs and other certificates deemed necessary

A credit card or a credit card is the type of card that can be used as a means of payment buying and selling goods or services where the repayment or payment of return can be made by lump sum or by installments, a certain minimum amount. The installment amount is calculated on the value of the monthly outstanding balance plus interest.

The bill in the last month, including interest (retail interest) is principal in the next month. For example the previous month's bill is Rp. 1,000,000.00. The minimum payment is set for example 10% of the total bill with a minimum payment of Rp.50.000,00. Of that number, the cardholder must pay installments of 10% x Rp. 1,000,000.00 = Rp. 100,000.00. Had the result of the multiplication of the bill is less than Rp. 50000.00, then the number of installments for the month minimum Rp. 50000.00.For example the number of a bill for Rp.200.000,00, the installment amount is 10% x Rp. 200,000.00 = Rp. 20,000.00. Because this amount is less than RP. 50000.00, the cardholder must repay at least Rp. 50000.00. If the credit card holder did exceed the limit, then the minimum payment is as much as the excess of the credit limit plus 10% of the total credit limit. The payment should have Characteristics of Credit Card,From a wide range of credit cards issued by credit card manager in Indonesia,there are common traits were similar between one another,namely;Looks Front is ID card,Validity,Name of cardholder,The logo and the name of the issuing bank,identification number of the issuing bank,The hologram ( three-dimensional images ) in particular for Master Card, Visa , Astra Card, Bank Card.Back view Signature Panel ( Panel signature ),Magnetic Stripe,Debosing number ( number printed sink ) is equal to printed on the front.The advantage for the bank or financial institution Annual fee charged to each card holder, the acquisition is huge every year. The more cardholders so the more contributions might be Interest charged while shopping,The administrative fees are fees charged to each card holder will withdraw cash at an ATM,Fines against late payment fees in addition to interest,Benefits for cardholders, among others The convenience of shopping on credit, a customer does not need

bring cash to complete the transaction,Ease of obtaining cash for 24 hours and 7 days a week in various strategic places, making it easier to meet the needs cash suddenly,For some people holding a credit card gives the impression of reliability, thus providing their own pride,Benefits for traders (merchant}, namely is Can increase sales turnover, this is due to minimal expenditure and the consequent cardholders feel not pay with cash so it uses at will, then the cardholder usually wasteful,As a form of service provided to customers, so that customers always come back to do the same thing over and over again