CREDIT CARD: PLUS AND MINUS

Credit cards have many advantages as a mean of payment. The most practical benefit of thes magacal plastic cards are that the cardholders don't need the carry cash. Our credit cards enable us to get cash in advance from an authorized bank or from at ATM. Yet, with all their benefits, having a credit cards involving some risk. It is likely to happen that cardholders tend to spend more money then he or she should or can afford to. Cards come handy when we buy on impulse. with a credit card, we can buy for things in an emergency without having to wait for our-of-month paycheck. who is not lured by the 'but-now-pay-later' concept? actually, when you use a credit card , you buy on credit, which mean that you have to pay interest. and like other bank loans, your debts will swiftly add up if you fail to make the regular monthly payments.