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What are some pros and cons to using a credit card?

2 Answers

8 votes

Answer:

Credit cards allow you to spend money that you don't have at that point in time. You basically take out a tiny loan every single time you use a credit card, but as with all lones that means the credit card charges you interest which is a problem when paying off credit card debt

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User RobertoT
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2 votes

Answer:

Pro is that you can use it anytime to pay for something. Con is that sometimes people don't pay them off.

User AndrewSokolowski
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