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Why is the credit card called MasterCard? Explain the difference between good credit and bad credit? What is the difference? What are the consequences?

Why is the credit card called MasterCard? Explain the difference between good credit and bad credit? What is the difference? What are the consequences?

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MasterCard is named after its original parent company Master Charge which was created by a group of California banks in the 1960s The name Master Char... blur-text-image

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