Why do responsible consumers use credit and credit cards?

Question

Jerimiah Hunt

Physics

21 May, 04:34

Why do responsible consumers use credit and credit cards?

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Answers (1)

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Aubree Montes · Answer 1

Credit cards give you rewards for using it. If you're responsible and pay when your money is due, you get rewards for using it with no cons. If you have a debit card, you can't not pay up so you don't have to give a loan (you do have to take out a loan with credit cards and pay huge interest) but you get no rewards (e. g. 3% cash back on gas)