Credit Card Loan Interview Questions & Answers

Below we have listed all the Credit Card Loan Interview Questions and answers. Feel free to comment on any Credit Card Loan Interview Questions or answer by the comment feature available on the page.

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Credit cards serve many useful functions, including the ability to pay for purchases when you don't have cash on hand. The credit card issuer essentially loans you the money to make the purchase, and you will be able to repay that loan at a later date while being charged a certain interest rate. Credit cards serve many useful functions, including the ability to pay for purchases when you don't have cash on hand. The credit card issuer essentially loans you the money to make the purchase, and you will be able to repay that loan at a later date while being charged a certain interest rate. Advantages of a Loan on Credit Card: Most of the credit card loans are pre-approved and unsecured. You don't have to submit any documents or collateral to avail a loan on credit card. With loan on credit card, you have the option to convert your expensive purchases to easy monthly installments.