It is not bad for an individual to use credit cards. And honestly speaking, there are lots of benefits that you can get from using credit cards. In my opinion, it will be a good idea if every one of us will have our own credit cards for us to be able to use it in case of emergencies, protection against fraud, build credit and many more. And we know that some will disagree with my idea because some people that are having credit cards is a kind of a bad idea.
When you have your own credit card account, it will be easier for you to pay the things you want rather than putting out your wallet to get some money. We know that there are some disadvantages that we can get on using credit cards, but all of these risks will be just a benefit if we use our credit card responsibly. Before getting your own credit card account, you should first need to know the risks and benefits that you can get from using credit cards. Money is one of the very important factors that you should have in your life; without it; we think our lives will be worthless.
It is good for you to get your own credit card because it can be your source of the fund in case of emergency. But not every credit card owners have $1000 amount of money in their account to purchase tickets airlines, have some repairs to your car and many more. And we think that having paid with 15 percent interest will always be better when compared on taking out your money in case of emergency. Some of the payday loans of the people might have a higher rate of interest if their credit cards have $1000 left in the whole year.