http://1mortgagecalculator.info/what-role-does-the-bank-have-in-the-credit-card-industry/ Find out your monthly mortgage payment using this free updated mortgage calculator. Get amoritization tables, bi-weekly savings, refinance info and tips to save money on your home loan. Wed, 14 Sep 2011 21:17:02 +0000 hourly 1 http://wordpress.org/?v=3.2 http://1mortgagecalculator.info/what-role-does-the-bank-have-in-the-credit-card-industry/comment-page-1/#comment-9292 Prof. CSB Mon, 04 Jan 2010 15:36:16 +0000 http://1mortgagecalculator.info/what-role-does-the-bank-have-in-the-credit-card-industry/#comment-9292 Most major banks issue credit cards as part of their business. They may not do the processing themselves, but they are the ones who lend money to credit card users. In fact, companies like Visa and Mastercard make their money when someone uses one of their cards, but they are not on the hook for the transaction itself. It is the issuing bank that has to collect it from the user. Most major banks issue credit cards as part of their business. They may not do the processing themselves, but they are the ones who lend money to credit card users. In fact, companies like Visa and Mastercard make their money when someone uses one of their cards, but they are not on the hook for the transaction itself. It is the issuing bank that has to collect it from the user.

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