Amazon.com Widgets
  • Credit Cards Good

    Access to consumer credit is a good thing. Consumers, with the benefit of credit cards, can make purchases without necessarily worrying about timing the transaction such that the money is readily available in their checking account. Also, credit cards allow for easy monitoring of spending, as well as permit online shopping.

  • Yes, they are convenient.

    Yes, credit cards are a boon, because they mean that people do not have to carry cash. Carrying cash is dangerous, because if you lose it, the cash is gone and you can never get it back. Credit cards are more convenient, and you can even get a small reward for using the card. It is important to pay the card off every month.

  • It should be ban

    Credit cards dilutes the sense of liability in users causing them to overspend and mismanage their finances. Sometimes, it might even lead to users being forced to file for bankruptcy. Being in a non-physical form and having an intangible limit of available cash, often times being over the user's income, can encourage users to make rash and irrational purchasing decisions.

  • Cf. Debit Card

    Credit cards dilutes the sense of liability in users causing them to overspend and mismanage their finances. Sometimes, it might even lead to users being forced to file for bankruptcy. Being in a non-physical form and having an intangible limit of available cash, often times being over the user's income, can encourage users to make rash and irrational purchasing decisions.


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