Assistant of Professor of Economics Yang Fan was an “expert” in a WalletHub piece on Mastercard credit cards. Fan provided answers to four questions, including “Should every person have at least one Mastercard credit card?” to which he responded, “Yes, it limits the risk that the vendor you are purchasing from does not accept your credit card. Also, since many banks now partner primarily with either Visa (Chase) or Mastercard (Citi), diversifying and having both Visa and Mastercard limits the risk that if your Visa-issuing bank deems you high risk, you lose access to credit.”

Read full article