If you are a business owner, chances are you've had to deal with credit card processing in some capacity. Unless you have a PhD in Quantum Physics, it can be very difficult to understand. Even then, it’s complicated. Keith Miller, President of Authorized Credit Card Systems, has created a credit card and transaction processing firm that puts clarity and good old-fashioned customer service back into the equation.

Credit is a fact of life in modern America. Building good credit is necessary for those entering adulthood and understanding the impact of credit is something that every merchant should understand. Take a look at some of these unbelievable facts about credit in the last few years.