Do you think credit cards are bad?

United States
November 12, 2006 1:05am CST
Do you think credit cards are bad? If so why?
8 responses
• India
14 Nov 06
not bad
• United States
25 Nov 06
Thank you for the comment.
• Germany
14 Nov 06
This depends on the way you use it, if you can`t handle with money, a credit cards are very bad ( its my opinion )
• United States
25 Nov 06
Thank you for the comment.
@somebody (302)
• Canada
12 Nov 06
Well i read an article in the newspapers and it said that people with credit card use more money than those with cash like 10 to 20%..
• United States
14 Nov 06
I can believe it. Thank you for the comment.
• United States
7 Jan 07
I believe that credit cards are bad because you are paying extra money to use them in interest. I think that if you dont have the money to buy a certain thing then dont get it it right now.
@Languish (137)
7 Jan 07
They are bad because they are not credit cards... they are DEBT cards. I wish i had never been given one ever.
@jwin2003 (242)
• United States
7 Jan 07
its not the credit it card thats bad its the lack of thinking that screws you over. they should be for emergencys only. if you lose your job and youve been using credit cards for everything you can find yourself in a world of hurt. i recommend setting the credit max to about 500 dollars and tell them to not let anyone change it. with interest your better off saving for what you need anyways.
• United States
6 Jan 07
credit cards are a tool they in them selves are not good or bad over use of them is bad .I think it is easy to over use them as you don't pay for the things right away so you feel like your getting things for free when in fact you pay alot more for them due to interest .I think they are good to have for emergancy and some dept within reason is not bad you just need to live with in that limmit .
@ilvrshn (463)
• United States
7 Jan 07
Credit cards are bad. I don't like them and I am so glad that I have anymore credit card debt. I try to pay for everything in cash. Those high interst crdit cards are even worse!