What are the advantages and disadvantages of using a credit card?

2 answers:

6 0

Advantages:
- you can pay for things in the moment
-you can pay later
- convenience
-record keeping

Disadvantages:
-you could over use it
- unexpected fees
- deepening your debt
-you could end up paying more for something than the original price because of interest

scoundrel [369]3 years ago

3 0

Some advantages are not having to bring cash with you, andyou can keep it in one place. A couple of disadvantages are having the constant threat of account fraud of you're not careful, and you can easily overspend on a credit card.

Hope this helps ~

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