describe what and why?
2007-10-05 23:28:32 · 14 answers · asked by @NGEL B@BY 7 in Entertainment & Music ➔ Polls & Surveys
cause they can act like they have money with a credit card even if they dont' have any
2007-10-05 23:31:25 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Many people see credit as free money and even end up maxing out their cards! I have always saw and still see Credit as what it is intended to be a loan to me that I must pay off with interest.
This thought in my head keeps me from charging too much to my credit cards, although I do have too much debt on my cards it is hardly anything compared to most people. I try to pay my cards down.
Checks come to us from our jobs, this gets turned into cash but later put back in the bank and turned into checks that go out to the credit company, the credit company loaned us money through our credit cards so this gets paid from the cash that we made from our jobs, so cash is paying for everything it is just being transformed, and if on line it is nothing more than numbers that represent that money.
2007-10-06 07:23:58 · answer #2 · answered by Wade C 5 · 0⤊ 0⤋
Sure cash is king in some areas of life, but most use a credit card and its the smart ones who pay it off every month so they don't wound up in debt. If you haven't got the cash to pay off the credit card, then don't put things on credit, simple.
2007-10-06 06:38:31 · answer #3 · answered by Live_For_Today 6 · 0⤊ 0⤋
I was informed, through a credit company, that bad credit is good credit and owing on credit cards makes it easier to get loans and a good credit ranking. The company also said that if you pay cash for everything, you have no credit, even if you can prove you paid for expensive things with cash.
I think they want us to be in debt. LOL
2007-10-06 10:42:10 · answer #4 · answered by Breezey is saying HAPPY BIRTHDAY 7 · 0⤊ 0⤋
Say you want to buy something worth $12,000, you don't really expect yourself to pay in cash since it would be risky to bring that large amount of money.
Technically, credit card is considered cash since it is highly liquid.
2007-10-06 06:37:11 · answer #5 · answered by gryffindorsheir 2 · 0⤊ 0⤋
They like to use credit cards, Because you can buy now and pay later.
2007-10-06 06:48:01 · answer #6 · answered by sofar 5 · 1⤊ 0⤋
rewards and discounts that is offered by credit card company... credit card is cash and more...
2007-10-06 06:31:42 · answer #7 · answered by Anonymous · 0⤊ 0⤋
then how are you suppose to pay off your credit card with?
2007-10-06 15:30:49 · answer #8 · answered by Anonymous · 0⤊ 0⤋
easy to carry compare to handling so many cash
2007-10-07 21:23:28 · answer #9 · answered by u2_rich 3 · 0⤊ 0⤋
no food no gas no money to pay cash
2007-10-06 06:45:30 · answer #10 · answered by Anonymous · 0⤊ 0⤋