Do you use credit cards?
By sachinbhinge
@sachinbhinge (502)
India
November 25, 2006 8:55am CST
I have couple of credit cards but I use them seldom. I use when i am really in need of it. Is it good to use credit more than usual?
6 responses
@mtdewgurl74 (18151)
• United States
25 Nov 06
Sometimes credit cards are great and other times not so great it all depends on how much you rely on your credit cards a month and keep the balance always paid other wise they can put you in a pickle of trouble and debt to your eyeballs. I never rely on credit cards or credit because it just costs you more money in the end and yeah they are great to use around christmas time and makes it easier to get everyone something for christmas but you'll be paying for it all year probably just to do it again as soon as it is paid off or not if your unlucky. So your constantly in debt. So that is why I have no credit cards because I know if I did I would to be in debt because then everytime I seen something I wanted I'd charge it and think of the consequences later when the bill came in and so I just don't do credit cards when I shop on line I use my paypal account. If I ever did get a credit card to shop online with it would be a controled one where I have to add the money myself and cannot spend over that amount.
@sachinbhinge (502)
• India
25 Nov 06
Yes. But if you pay amount before 45 days of purchase, u dont need to pay interest of amount. and I always use cradit card to pay anavoidable amount which you need to pay every month like phone bill, Hotel Bills and all. U can save money for 45 days.. :)
and consider credit cards as best friend, who can lend you money in bad time. Then only it makes sense to me.
@sachinbhinge (502)
• India
25 Nov 06
How often? do you get tempt to buy something which is not needed but just u wanna buy as you have a credit card?
@pratu0708 (126)
• India
27 Nov 06
yes i do. and have made sure i have only one credit card which both me and my husband try to use responsibly else it can wreck havoc with your finances. i just accidentally ended up paying $35 through paypal for no reason. in such cases you think shoot why do i have a credit card
@sachinbhinge (502)
• India
27 Nov 06
ohh do paypal charges credit card we have put while registration? If so then its mistake to open paypal account? is it possible to remove credit card from paypal?
