In paying using credit card, would you prefer on installment or not?
By jralivio511
@jralivio511 (480)
Philippines
March 17, 2009 9:18am CST
I had my first credit card last year 2006. At first, I have no intention of using it for I prefer to pay cash. But someone told me that I should activate it for I might need to buy something on emergency basis. She was right and I enjoyed using my card as long as I can pay the amount before the due date and there will be no problem.
I bought my laptop using my card on installment basis. If I am going to buy an item that would cost more than five thousand pesos. I would prefer on installment basis.
2 responses
@justkay1122 (81)
• Canada
17 Mar 09
If paying on installments dont you have to pay interest on every payment or on the grand total.
I would not know i dont use credit cards.
@jralivio511 (480)
• Philippines
17 Mar 09
There are selected items that has a zero interest and I prefer to choose them.
@justkay1122 (81)
• Canada
17 Mar 09
yes i understand that but just cause the item is interest free the credit card is not
