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21 votes
21 votes
List a few dangers – bad things about a credit card?

User Washington
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2 Answers

20 votes
20 votes
You can go over your amount and have to repay it however that money can get a lot bigger the longer you wait to repay it

Hope this helps caus this is all I can think of haha
User Iceberg
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18 votes
18 votes

Answer:

-A credit card can be easy to over spend on.

-allows you to build up more debt than you can handle.

-damages your credit score if your payments are regularly late or you don't repay.

-costs much more than some other forms of credit, such as a line of credit or a personal loan, when interest charges are incurred.

User Soumen Das
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2.8k points