Love them or hate, credit cards are everywhere, but where did they come from?

When were credit cards invented and why?

Did companies ever imagine credit cards becoming what they are today?

We all know that most people who carry a credit card carry quite a bit of debt along with it, so let’s look into the original intention of the credit card.

This is a great infographic that explains the history of credit cards. You will see:

The first references to credit

When credit cards came to the U.S.

How actual credit cards originated

What the Diner’s Club has to do with the original credit cards

The total U.S. credit card debt

Many more interesting facts

Now to the history lesson you have all been waiting for…

Infographic: Lexington Law