408,590 views
11 votes
11 votes
Give four reasons why many people have problems with credit cards.

User Mjktfw
by
2.9k points

2 Answers

14 votes
14 votes

Answer:

"they can damage your credit score."

"they can come with universal default."

"they charge huge interest rates."

"they come with numerous fees."

User Austinthesing
by
2.7k points
18 votes
18 votes

Answer:

Making late payments.

Maxing out your credit limit.

Applying for too many credit cards.

Taking out a cash advance.

Step-by-step explanation:

User Debacle
by
3.4k points