
How does a credit card company or bank determine a customer's new balance?
I want to know how a credit card company or a bank calculates a customer's updated balance. What factors do they consider and what is the process behind determining the new balance?


How does a bank or credit card company decide how much money you can borrow?
I want to know how banks or credit card companies assess and determine the borrowing limit for customers. What factors do they consider when deciding how much money one can borrow?


How does a bank lender or credit card company decide how the interest rate they will charge you for borrowing money?
I want to know how a bank or a credit card company determines the interest rate they'll charge me when I borrow money from them.
