Results 1 to 3 of 3
  1. #1
    sharon silvea is offline White Belt
    Join Date
    Oct 2007
    Posts
    1

    Smile Need a details about credit cards

    Hi everyone i need a details about credit cards, its useful, because sometimes it may take it us to danger, so i need full details about that and drawbacks too, can i anyone help me

  2. #2
    Magic69's Avatar
    Magic69 is offline Green Belt  
    Join Date
    Oct 2007
    Posts
    420
    Blog Entries
    6

    Default

    Well... credit cards have high interest rates and you have to pay them back. So, if you can avoid maintaining a huge balance it's probably a good idea to do that. Plus you have to remember that a credit card doesn't mean you suddenly have that much more money to spend - it just means you have that much more debt to accrue. Big difference. As long as you think about credit cards in the right way you'll be fine but if you start thinking about them as found money you'll get yourself in trouble.

  3. #3
    fred333 is offline Gold Belt
    Join Date
    Jan 2008
    Location
    USA
    Posts
    25

    Default

    I would have to agree that credit cards are nothing but trouble. I would avoid them at all costs.

Similar Threads

  1. Credit cards are a double-edged sword
    By Erik in forum Credit Card Forum
    Replies: 16
    Last Post: 10-29-2011, 02:10 PM
  2. pre-paid credit cards?
    By inverito in forum Credit Card Forum
    Replies: 5
    Last Post: 05-26-2009, 02:24 PM
  3. Savvy Retirement Planning Is in the Details
    By Vicky Corningrock in forum Credit Questions and Answers
    Replies: 0
    Last Post: 09-10-2007, 01:29 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •