Types of Credit CardsWritten by John Mussi
There are a whole variety of different types of credit cards available which can make choosing right one a very confusing experience. In order to help you decide, listed below is a useful breakdown of various types of credit cards available. Standard Credit Cards Standard credit cards work as you might expect - with cardholder using card in order to pay for goods and services up to their agreed credit limit. Repayments are made once every month which must at least cover agreed minimum repayment. These repayments will cover not only capital borrowed but also interest and extraneous charges payable upon amount borrowed, usually referred to as annual percentage rate. Standard credit cards should not be confused with debit cards where transactions are charged directly to your current account. Charge Cards Charge cards work in same way as normal credit cards with one difference, balance of charge card must be paid off in full every month. Charge cards are most regularly issued to either businesses or to consumers who may have had a bad credit history in past. If you have a poor credit history then a charge card might be offered to you because full monthly repayments would preclude spiralling debt. Charge cards are also popular with wealthy consumer as this sort of card can offer credit practically without boundaries. It should be noted that if cardholder does not pay off their balance once a month as required then they could incur very hefty fines. Platinum and Gold Credit Cards Platinum and Gold credit cards are only available to applicants who earn a certain level of annual income and, accordingly, offer a number of benefits to cardholder which will vary from provider to provider. Higher credit limits are usually associated with these types of credit card. If you fall into a higher income bracket and have a good credit history then you will be able to benefit from advantages that such a credit card offers.
| | Fibonacci - Who Was He And How Could He Improve My Stock Trading Profits?Written by Chris Towland
The word Fibonacci means a lot of things to a lot of different people. For mathematicians, Fibonacci is an important number sequence. For some painters, sculptors, and other visual artists, Fibonacci is a principle theory of arts. For traders, businessmen, economists and like, Fibonacci is a system that can efficiently predict market trends. Yet, for most of us, Fibonacci sounds incredibly complex and something that we'd rather not discover. But what exactly is Fibonacci? What does it mean and for what is it used?Fibonacci, which means son of Bonacci, is actually a nickname used by famous Italian mathematician and businessman Leonardo Pisano. Bonacci, on other hand, is nickname of his father and it means 'good natured' or 'simple'. While Fibonacci was born in Italy, he spent most of his childhood years in Bugia (now Bejaia), a Mediterranean port in Algeria where his father, Guilielmo, worked as a consul for merchants of Pisa. It is in Bugia where he learned Arabic numeral system, and later as he traversed rest of Mediterranean world, he learned more of Arabic mathematical system and its practical uses. In 1200, Fibonacci ended his travels and returned to Europe. There he wrote a number of books that disclosed mathematical skills he had learned in his Mediterranean travels. Among his works that were published are Practica Geometriae, Flos, Liber quadratorum, Di minor guisa, and his commentary on Book X of Euclid's Elements; last two mentioned, unfortunately, are already lost. His Liber quadratorum, or Book of Squares, is probably his most magnificent book, but it was not his most popular work. His most popular work was rather Liber Abaci, his first book that was written in 1202 where he introduced to Europeans Arabic numerical and mathematical system. In this book, he also taught Europeans how to use such mathematical system in accounting and in trading. Most importantly, it is in Liber Abaci where he introduced Fibonacci numbers and sequence for which he is best remembered today.
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