As it is the American world is now suffering and rejoicing in the use of credit cards. This shiny bit of plastic seems to have the power to control lives and has proved to be a nightmare for many, rather than a helpful tool. However, in today’s world, credit cards are being imposed as a necessary commodity by none other than companies that are promoting it for their own benefits.
There is only one advantage in ratio to a hundred disadvantages of credit cards. However, here are some reasons why you would need a credit card and what usually happens if you don’t have one.
Need Of A Good Credit Score
If you want to land a good job, get a good house and show people how financially stable you are, then you need to have a good credit score. That is you need to get a credit card and pay its bill monthly in due time. Just simply paying the bill of an unused credit card will ensure you get a good credit score. And a good credit score will ensure you get approval and marvel from people, as usually there are very rare humans who are able to keep up a persistent good credit score, considering the expensive times that we live in.
Need To Purchase
Yes. With a credit card you can purchase hi-fi things which you could not buy with your usual cash at hand. So with a credit card people can buy TV systems, laptops, devices and many other things. Point is : how is that luxury going to help you when your going to land up in knee deep debts?? With credit cards desires are fulfilled and desires are given the tag of “need”.
Need For Online Shopping
Since the invent of the internet, people have preferred buying things online, and for that process their credit cards are usually at use. However most people don’t realize that using credit cards for online shopping is just like inviting a robber to rob your house. You have no idea who is authentic and all the deductions to your cash are done electronically without you being present there. Again online shopping which is an easy way to get stuff is quickly becoming an important reason to get a credit card!
What happens if you don’t have a credit card
Well, as it is clearly seen a credit card is meant just to make people spend more and increase the economic profit of most companies. If you don’t have a credit card, you may not get a high ranking job, you may not shop for luxurious items and neither can you do anything online. If you do get a credit card you WILL get into debts (no maybes here) and you WILL be in trouble if you cannot pay the monthly bills. So now its up to you to decide what benefits are you exactly getting from this plastic card?
