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by sharpjwe on October 31st, 2008

sharpjwe

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Why is it that you want to use credit ?
I love to pay cash
thy is rich who owe nothing

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Answers. 6 helpful answers below.

  • by LuckyLefty on October 31st, 2008

    LuckyLefty

    what's "thy is rich who owe nothing"?

    sounds like something from a crazy Shakespeare play :P

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  • by jas on October 31st, 2008

    jas

    You can make some purchases with credit, and if you pay it off in one year, it's the same as cash. It's a great way to buy something you need without waiting until you save the cash. I got a refrigerator and washer/dryer on credit and paid it off in 12 months so it was treated same as cash.

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  • by Pixie - jeg er elsket on September 3rd, 2009

    Pixie - jeg er elsket

    I use a credit card a lot, then pay the bill off as soon as it comes. It helps me to build good credit.

    At 20 years old, my credit is excellent because i've been doing that since i got it at the age of 18 ^_^

    With good credit One can get loans and get payment plans on things :)

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  • by norm on September 3rd, 2009

    norm

    Using a credit card can be safer than carrying large amounts of cash. I only use mine for large purchases, and pay the balance in full each month so I don't have to pay interest.

    Buy at the beginning of your billing cycle, and pay in full when the bill comes. It's a 30 day interest free loan.

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  • by -Icy- on September 3rd, 2009

    -Icy-

    because when i go to buy a car or house the use of credit and managing it wisely gets me the lowest loan rate. credit is not bat it is misuse of credit that gets people into trouble.


    i also use the same as cash sales and pay off in time at 0 apr. this builds a credit rating fast and lets my money work harder for me !
    +5

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  • by sharpjwe on September 3rd, 2009

    sharpjwe

    one thing for sure you do not get Ab points
    on money issues

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