Menu
Rendelés állapotának ellenőrzése
Kapcsolat
Könyv Swipe, Then Settle Otto Brenner

Swipe, Then Settle

Using Credit Cards Without Carrying a Balance.DE

Szerző: Otto Brenner
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: epubli
Elérhetőség: 50 % esély
Keressük az egész világon
5 478 Ft
In September 1958, sixty thousand unsolicited credit cards landed in Fresno mailboxes with no applic...

Információk a könyvről

Szerző
Otto Brenner
Nyelv
Angol
Kötés
Könyv - Puha kötésű
oldal
44
EAN
9783565846160
Enbook ID
54406030
Kiadó
epubli
Súly
157
Méretek
210 x 297 x 2

Teljes leírás

In September 1958, sixty thousand unsolicited credit cards landed in Fresno mailboxes with no application and no credit check, each one a three-hundred-dollar experiment. Swipe, Then Settle opens with Joe Williams, the Bank of America executive who built that so-called Fresno Drop and lost his job within a year, long before the system he invented became the one every bank now runs.The book explains what made that card different from the Diners Club cards before it: a revolving line of credit that let people pay a sliver of the bill and carry the rest, charged eighteen percent annual interest, with no fixed end date. It uses the 2013 Target breach, which exposed forty million card numbers, to show why a stolen credit card costs the bank money while a stolen debit card drains a shopper's own checking account for weeks.Drawing on a large retailer's fight over swipe fees, it argues every cash shopper quietly subsidizes every rewards-card shopper's free flights, and shows exactly how to collect those same rewards without ever paying interest.Discover the one autopay setting, Statement Balance instead of Minimum Payment, that turns a credit card from a debt trap into a thirty-day interest-free loan.