| puffy said: Here's my opinion on credit cards: Don't get one. It's too easy to fall into debt and if you're going to pay the full balance every month like Mafoo said then why not get a debit card? I have a Debit Mastercard, exactly the same as a credit card, you can use it online and where ever Mastercard/Visa is accepted and you're using your own money, no need to worry about any bills or interest etc.. It's the smart way to go unless you want the flexibility to be able to make a large purchase without having to save for it and pay it off (obviously this is going to cost you more in the long run due to the high interest rates on credit cards). May I ask why you're interested in a credit card? |
I agree with everything you said. I would just add one advantage to a credit card. Theft.
If your debit card info is stolen and used, you can still dispute the charges like you can with a credit card, but the funds are removed from your account until the dispute is over. For a lot of people, that's hard to live with.
