The bad side of credit cards

[Knowlopedia]

Credit cards can be a great way to build credit and earn rewards , but they can also be a major financial burden if you don't use them responsibly . Here are a few of the potential downsides of using credit cards:

1. High Interest Rates
If you carry a balance on your credit card, you'll be charged interest on that balance. Credit card interest rates are typically much higher than the interest rates on other types of loans, so it can be very difficult to get out of debt if you're only making minimum payments .

2. Late Fees
If you make a late payment on your credit card, you'll be charged a late fee. Late fees can be very expensive, and they can add up quickly if you're not careful .

3. Over-Limit Fees
If you charge more to your credit card than your credit limit allows, you'll be charged an over-limit fee. Over-limit fees can be very expensive, so it's important to stay within your credit limit .

4. Annual Fees
Some credit cards charge an annual fee just for having the card. Annual fees can be very expensive, so it's important to make sure you're getting a card that doesn't charge one .

 

[niche]

There is another major problem using credit cards in some countries, which most people do not include in the list of credit card payments. The well connected powerful well paid greedy government employees do not want to apply for their own credit card, use it for purchasing domains, and other digital items or pay the credit card bill. Instead the greedy government employees are viciously slandering the real credit card holder, a private citizen, and then falsely claiming to own the credit card, domains to get a monthly government salary at the expense of the credit card holder. Top tech, internet companies are supporting the credit card fraud since 2010.

 

[saoussen5765]

There is another major problem using credit cards in some countries, which most people do not include in the list of credit card payments. The well connected powerful well paid greedy government employees do not want to apply for their own credit card, use it for purchasing domains, and other digital items or pay the credit card bill. Instead the greedy government employees are viciously slandering the real credit card holder, a private citizen, and then falsely claiming to own the credit card, domains to get a monthly government salary at the expense of the credit card holder. Top tech, internet companies are supporting the credit card fraud since 2010.

The problem that when doing microjobs they charge you trial like 1 $ or 2 $ for trial period to complete microjob that worths 3500 points on Timewall means 0,35 $ for being debited 1 $. (and says that doesn't charge anything) until even cancel subscription you are debited at least once or twice until job owner approves in 7 days.