Do the pluses of using credit cards out-weigh the minuses?
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Accounting
Do the pluses of using credit cards out-weigh the minuses?
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Answer credit card pluses are as under 10 interest credit cards if you pay the balance off each month then you can use the limit of your card without any interest on that amount If you are rigorous about paying bills then you can use the card companys money to make bigger purchases immediately and pay for them after an interestfree period This could be up to 50 days However if you know yourself and you probably wont be able to afford the bill turning to online loans to pay it then it may be better to steer clear of these cards 2 security Having a credit card means carrying around less cash This makes it a safer option especially if you are travelling If it lost somewhere then you
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