Hi, I'm quite young and don't really understand why people use credit cards over debit cards for everyday transactions. I get why you'd take out a loan to buy a car or a house. But what's the point of using it to buy smaller things? Either you have the money, in which case you use a debit card and you pay no interest, or you don't have the money. If you don't have the money and buy on credit you're pretty much agreeing to pay more for that purchase than it actually costs because of interest. Thinking that in the future you will have money. Just seems like a losing situation.
Submitted December 17, 2018 at 01:32AM by maxtbag https://ift.tt/2UP6iEf
