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asked 3 years ago
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A credit card can be a huge problem for those who are not great at making their repayments, the things that you buy can end up costing you double in interest depending upon the length of time you have to pay it off!
However, the benefits are that you can often get free travel insurance (worth a fortune), free insurance on your purchases, even points back or cash back depending on the different credit card firms.
Credit cards are good in cases of emergencies such as your car breaking down and you needing to pay for something to be fied in it (if you don't have roadside assistance).
They can also be good for buying a necessary purchase at the point in the month when you don't have money to purchase it normally.
A credit card is great for drawing a nice straight line when you don't have a ruler.
However, the benefits are that you can often get free travel insurance (worth a fortune), free insurance on your purchases, even points back or cash back depending on the different credit card firms.
Credit cards are good in cases of emergencies such as your car breaking down and you needing to pay for something to be fied in it (if you don't have roadside assistance).
They can also be good for buying a necessary purchase at the point in the month when you don't have money to purchase it normally.
A credit card is great for drawing a nice straight line when you don't have a ruler.
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