Advantages And Disadvantages Of Credit Card

1055 Words5 Pages
Having a credit card has many advantages and disadvantages to them. Some of the advantages might outweigh the disadvantages, or the disadvantages might outweigh the advantages. It’s all about looking out for the hidden fees or charges that some credit card companies that will do that for people. Some advantages of a credit card are: Conveniences, Build positive credit history, instant cash, and also purchase protection. A few disadvantages are Overuse, Paperwork, and deepening people 's debt. Credit cards offer many conveniences for a person. For example it would save people a whole lot of money if people use their card or, having to pay with people 's hard earned cash right on the spot. Sometimes when people have to return things or they get damaged or broken, people call the merchant and get a chargeback from them. This evidence supports that: “ If people paid with a credit card,people should only waste a person 's time on a single call that is escalated to a supervisor. If that person is unwilling to refund people 's money, inform him or her that the buyer intends to request a chargeback from a person 's credit card issue.” (Jason Steele) That is one of many ways that people can save money and rather than spending people 's money or carrying their own money around all the time.people can also look for more signup bonuses for different kinds of credit cards. “ Real credit card gurus live for those amazing sign up bonuses that come around every now and then. Have their
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