What are the benefits of using a credit card? What are the drawbacks of using a credit card?

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03-11-2017
Business

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What are the benefits of using a credit card? What are the drawbacks of using a credit card?

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AnimeBrainly AnimeBrainly · Answer 1 · 2017-11-03T19:06:30+01:00

AnimeBrainly AnimeBrainly

03-11-2017

benefits: You do not have to carry large amounts of cash with you

drawbacks: You have to pay interest rates
it is technically a loan

hope this helps

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