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Is using a Credit Card useful or dangerous??? email this discussion to a friend?

myLot reputation of 84/100. Modelcoy (167)4 months ago

I've been hearing a lot of people around that using credit cards are not so helpful. In fact, upon using credit cards is like a drug, once you used up, you pay the price where you payback its debt on a monthly basis. Whats worse about it is its penalties or its additional fees.

But others would say its helpful because you can use it in case of emergencies only.

So, whats your opinion on this??? Any thoughts???

 
 
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tags:  credit cards, debts, cash
 
1. myLot reputation of 89/100. msbayrakdar (884)   4 months ago

I agree with you because many of my friends are in deep s..t because of having credit cards and they all laughed at me when they opened theirs and I refused to have one. Now they are every one of them crying and I smile, cause I live on cash only basis and sleep well cause I have no debts what so ever!..lol..


myLot reputation of 84/100. Modelcoy (167)  4 months ago

Good for you!!!

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