Credit card

India
November 16, 2006 1:14am CST
Do u have credit card? I have 3 to 4 Credit cards. I feel it is a vicious circle. They collect lot of interests from us through their 'Rolling over' system. What do u feel about Credit cards? Are they looting us?
2 responses
@manzician (4739)
• India
16 Nov 06
No.... I dont like it...
• India
19 Nov 06
Just like me!
@brckoba (795)
• United States
16 Nov 06
I don't have a credit card. I think the interest rates are over the roof on those things. Also you have to watch out for the fine print. I will soon get one. Any suggestions?
• India
16 Nov 06
I suggest not to take one. Spend money only if you have your own money. Borrowing and spending is not advisable. Credit cards are useful only in emergency. Otherwise they are not useful.