1) credit cards issued by retail establishments (for examplecc shop, Department stores)

2) and General purpose credit cards issued by banks.

A credit card is essentially like an unsecured consumer loan: the customer does not need to provide the property as collateral to the lender as a guarantee that the loan will be paid. At the same time, the amount of credit provided to the client is significantly lower compared to a mortgage loan or a consumer loan. However, if the loan is not repaidfullz card, a lawsuit will be filed against the client, and the interest will continue to accumulate. As a result, the client becomes the owner of a negative credit history, which will dramatically reduce the possibility of obtaining any credit in the future.