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Money and Finance > Credit Cards
 Posted by admin
Nov 26, 2006 05:54 PM
Credit Cards
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A lot of us have them. Many of us abuse them. I even heard of people using them to start-up companies when no one else would lend them money. Some places give you this look if you take out cash and gasp, they have to count out the change. Credit cards are all around us. So what are the pros and cons of credit cards? Choices made regarding credit cards will affect your credit rating. This might not be important if you are the founder of google and you can buy the car factory or the homebuilder but for the rest of us mortals that need to borrow money to buy a car or house, credit history and credit scores will determine how much interest is paid. And a lot of that credit history starts with one of those pre-approved credit cards you get in the mail.
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Convenient
You don't have to carry a lot of cash around these days as many places will take credit cards for almost anything.
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