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1____________________________. Several big American stores started to give their regular customers paper cards. Paper card allowed a customer buy something on credit. First paper "cards of trust" were accepted only in the store where customer got a card. 2__________________________. It was the beginning of "plastic money" century.
3___________________________. They allow a person to avoid the necessity of carrying big amounts of money. Nobody except its owner use the card, because to cash it a person should enter a special figure code or secret word. 4______________________. The information about it goes to all places that accept credit cards and nobody can use it any more.
The first credit cards appeared in America in 1914.
But in 1936 more than 1000 trade enterprises of America signed the agreement of joint crediting their customers.
Credit cards that people use nowadays have a lot of merits.
If the card is stolen or lost it is immediately annulled.