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Don’t Let Credit Cards Rule Your Life

  • Date Submitted: 09/24/2010 12:09 AM
  • Flesch-Kincaid Score: 55.4 
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Don’t Let Credit Cards Rule Your Life
How many credit cards on an average do people sitting in this room own? I m sure not less than 3..
As a matter of fact credit cards are becoming more and more popular despite numerous disadvantages they entail. 
A credit card gives you an opportunity to cover services by borrowing money from the bank and to pay on balance. At a single glance, credit cards offer excellent release for any business of yours. . Though they promise saving your money and solving unforeseen problems and react to the proceedings which one may come across and that require certain sums of money you do not have at your disposal Because of high competition between credit offering companies there appear suggestions which at the first sight concern advantageous terms for the customer. And really it requires budget planning from the customer. He should be able to pay the bill monthly and if there appear any financial problems, he may no longer count on that money and as a result borrowing without any special calculation made by the customer can lead to poor consequences. 
Hence, credit card usage only creates illusions for comfortable life, but actually it is not so and later it disabuses you when you get the bill per month. That is why one can spend more money than he or she earns without noticing this at once. It is just like being caught in a net. 
When you have financial difficulties and can not afford paying your debts, credit only aggravates your situation. And what one is to do is to let credit cards and all the far-reaching implications rule his life, if one may judge so. It goes without saying that credit system in such a case becomes an additional load for the consumer. Credit card issuers benefit from client not paying back in time, there also may happen billing errors which create inconveniences for the clientage.
Moreover, though there are different kinds of credit cards used for businessmen, students, etc. they all are predisposed...


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