Credit Cards / the pros

Credit Cards can be very helpful if used properly

Life without credit can be hard.
Using a credit card wisely can build a good credit history and allow you to get other kinds of loans such as a mortgage or car loan in the future.

Afraid to carry large sums of money?
A credit card allows you to do things without having to carry around a lot of cash that could be stolen or lost. And if your card is stolen, and you report it to your credit company properly, you will not be liable for charges you did not make.

Need a plane ticket but don’t have the cash?
Have you ever tried to make a plane reservation with cash over the phone? Credit cards can be very handy in a pinch.

Want more time to save up and pay your bill?
Credit cards let you delay payment on your purchase. This gives you time to work and save your money to pay off debt before the bill comes. If you aren't able to pay off the whole bill, you can make a partial payment and continue to save money for the next bill.

For more information on credit cards read on to find out the pros, the cons and the FAQ's or click on the article links to the right.

If you would like to TALK TO A PROFESSIONAL from a Financial Education Consortium organization please click the button to the right.  Most organizations offer free or low-cost help from caring counselors who can assist you in determining what steps to take next.

Remember….You Control Your Money!

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