Credit in the Modern World

The Benefits and Responsibilities

Credit: The Benefits of Using it

Some of the many benefits of using credit are; allowing easy and quick access to money. Credit prevents you from carrying a large sum of cash. Credit offers instant gratification, meaning that you can get something you want now, and pay for it later. Using credit can improve one's standard of living.

"Benefits and Responsibilities of Credit." Teenagers and Credit: Everything You Need to Know. N.p., n.d. Web. 11 Dec. 2014.

With Great Credit Comes Great Intrest Rates, I mean Responsibility.

As a credit user, you make the promise to keep your card for your use, and only your use.

You have the responsibility to look after your card and keep up with your card. You have the responsibility to repay you debt, plus intrest, and make at least the minimum payment each month. It is your fault if you spend too much, so spend responsibility.


"Benefits and Responsibilities of Credit." Teenagers and Credit: Everything You Need to Know. N.p., n.d. Web. 11 Dec. 2014.