why not credit card and why need credit card

why not

1. You may become an impulsive buyer and tend to overspend because of the ease of using credit cards. Cards can encourage the purchasing of goods and services you cannot really afford.

2. Credit cards are a relatively expensive way of obtaining credit if you don't use them carefully, especially because of the high interest rates and other costs.

3. Lost or stolen cards may result in some unwanted expense and inconvenience.

4. The use of a large number of credit cards can get you even further into debt.

5. Using a credit card, especially remotely, introduces an element of risk as the card details may fall into the wrong hands resulting in fraudulent purchases on the card. Fraudulent or unauthorized charges may take months to dispute, investigate, and resolve.

   
   

   
   

   why need

   1. They allow you to make purchases on credit without carrying around a lot of cash. This allows you a lot of flexibility.
      
   1. They allow accurate record-keeping by consolidatingpurchases into a single statement.
      
   1. They allow convenient remote purchasing - ordering/shopping online or by phone. They allow you to pay for large purchases in small, monthly installments.
      
   1. Under certain circumstances, they allow you to withhold payment for merchandise which proves defective.
      
   1. They are cheaper for short-term borrowing - interest is only paid on the remaining debt, not the full loan amount.
      
   1. Many cards offer additional benefits such as additional insurance cover on purchases, cash back, air miles and discounts on holidays.
   
   
   end of the day better not to go for credit card, charges, penalty,fed up,not good customer services.