Credit cards are better to use than cash because they help to build the economy. This is because of the interest rates you would have to pay back on the cards afte

Besides preventing theft, credit cards have also proven to be very convenient and are used at times to repair credit or improve credit rating. Credit cards allow consumers to buy now and pay later. That means, consumers can make a purchase and save up the money to pay at a later date. This will give the consumer time enough to plan the payments on the card. In addition to paying off the card, you will be building your credit rating at the same time, by making monthly payments. For each payment that you make to pay off the purchase, this will then register to your credit report increasing your credit rating. The more you purchase and payoff the account balance, the more your credit rating will increase and get better.

r you have made a purchase. The use of credit cards have become such a familiar feature of the life style in the world that it is difficult to imagine a consumer economy functioning without them. With this, we can say that day-by-day “credit cards have increasingly replaced cash as the most convenient way

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