Are you a credit card user?
By Zhu Huifen
@zhuhuifen46 (3483)
China
January 18, 2009 3:31am CST
News has it that students are overdrafting, so that parents receive payment warnings. Local banks are promoting credit card membership recently. I have one, but seldom use it in the real sense of credit payment. Is it beneficial for national economy in general to encourage credit payment? Are we to follow the overdraft burdens in so many countries?
How is credit payment affecting your economy? Is it a good thing looking back?
5 responses
@aweins (4199)
• India
19 Jan 09
hi my dear friend, i have an addon card . my hubby is a card holder so i have taken his add on . it hardly matters. i donno much about it. i use it because it is not very convenient for me to carry cash everywhere everytime. and i am having a small baby also so it is difficult in the payment also. i donno anything how the credit card payment affect our economy but i know one thing that if i use it i get some cash rewards on some amount and i enjoy it.
@syang0901 (120)
• China
19 Jan 09
I have one credit card. I use it about three times last year, but I think it's not a good way to spend your money. I'm now planning to cancel it.
@siomaiii (238)
• Philippines
18 Jan 09
I don't have a credit card. But if ever I can have one, I will only use it if I really ran out of cash in my wallet. And if I really have to buy that stuff. It is okay to use credit card as long as we pay on time. And I really mean on time, pay before your cut-off date to avoid interests. We have to be disciplined in using credit card.
@kometer (151)
• China
18 Jan 09
I don't have any credit card.I prefer to use cash.When someone get a credit card,they always can't help buying things.
