Credit cards

I have heard to an audio record of «Credit cards». Here is the reference: http://www.bbc.co.uk/worldservice/learningenglish/general/sixminute/2010/02/100211_6min_creditcard_page.shtml

It is rather easy for listening and I needed to hear it twice to understand its maintenance completely. At first it was rather difficult for me because of fluent English of the speakers and some new words but during the second listening I have understood everything. The duration of this audio record is 6 minutes.  There were no technical problems with the listening.

In this audio record I have met the words like "credit card", "cash", "profit" and etc. It is very interesting audio record because we know a lot of interesting things about history of credit cards and cash machines.

             At the beginning of the tape Dan made clear the word "credit card" and told that it is used for purchasing in shops and so on. Kate assumed that the first credit card appeared in 1962.

            After that the conversation about pros and cons of credit cards has begun. There were examples that credit cards are easy in use and more convenient, than cash and so on. But it was noticed that many people consider that using credit cards takes much more money than just using cash. Then the reporter Mark who was talking about the first cash machines joined to Dan and Kate's conversation. Mark told us the first cash machines had appeared in 1967.        

In summary Dan told the story about the creation of the first credit card. As he said, certain Frank had a supper at the restaurant with his lawyer and they didn't have enough money to pay off. So Frank sent his wife for money. It was a shame to him and Frank decided to "think up" credit cards.