A credit card is a short-term financing option issued by a commercial bank to allow holders to borrow money at the automated teller machine (ATM) or pay for goods and services at a point of sale device. The limit one can borrow is predetermined by the issuing bank, after the credit worthiness of the applicant has been ascertained. Obtaining credit facilities is a major challenge to most people in Ghana due to a high rate of non-performing loans in the banking sector. Not until December last year…