Credit card: friend and enemy

"I have no credit card, do not live beyond my means", was the categorical sentence of a former co-worker when we talked about credit cards.

His way of thinking shows that the vast majority of people feel toward credit cards and how its use is maligned by a consuming public that, basically, don't know what you said.

Of course credit cards have long been the main cause of the personal debt of people and I have seen and heard horror stories about embargoes, telephone harassment and unwanted visits of bailiffs.

And credit cards are a very useful and convenient tool that I can not imagine living without them.

Credit cards allow you to live in a "bubble" that gives you more chances that you could have with any other financial instrument, unless you have lots of money.

And why the demonization then? There are several reasons:

Listen to who does not know. The vast majority of those who complain of credit cards come of people indebted to them.

Everyone talks about the high interest rates, telephone to receive calls and trials of embargo.

All these people say that it is the fault of the méndigo Bank and there are those who entertain conspiracy theories about the bankers to dominate the world through debt.

Although banks often spend in ready in many things, there is something that I've never seen them do: put a pistol to the head someone to buy many things with which borrow.

Every cardholder is directly responsible for its debt. The banco… good, just makes you know do...

No one is investigating. In addition to listening to the complaints and cries of people who do not know what they say, the majority of rare cardholders time investigates what you can do with your credit card.

Have you read the contract? You know you can get promotions and discounts? Do you know the scope of what you can do with your card?

The vast majority of people don't know. In fact, the information you have your card comes from Bank sending promotions and brochures of information, which often are discarded without even looking at them.

Just to read your contract you can open your eyes to good and bad things that have your credit card for you, but well... almost no one does.
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I like to compare the credit card with the fire. Our civilization practically flourished thanks to the fire, but if not you know how to handle, can become ashes.

In this series will show you the good, bad and the ugly of the credit cards and how are crucial to any business that you want to have on the Internet.

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