Credit Card Warning!

by Skylar Nguyen

The Danger

Despite the fact Credit cards are mainly used in today's modern day, do not underestimate them and its power.Credit cards offer paying off stuff with the card's issuer money, but over time, Interest builds.From the article, "Credit cards basically allow you to use someone else's money to make a purchase while you pay the money back later". If you are not careful, this could threaten you if you do not have the money in the first place, which could lead you into debt.

Interest

You should only get a credit card if you believe that you are responsible enough and if you have backup savings because you may not know what it can these Cards can do to you. If you do not pay back the issuer back within a period of time (15-45 days according to the article) you will have to pay them back PLUS interest.