You overhear your friend, Alicia saying, “Credit cards? Yuck! I’m never using credit cards because I heard that they lead to a lot of debt!” How would you respond to Alice and why?

You can choose from these if you want,

Pros:

> Improving your credit score: If you have a poor or limited credit rating, credit builder credit cards can offer a way to improve your financial situation and create better borrowing habits.

> Buying now to pay later: It can also be a more convenient option to use a credit card

> Spreading purchases out: If you need make a large purchase, such as a home appliance, a credit card offers the advantage of spreading the cost over several monthly payments

> Having purchase protection

> Interest free spending

Cons:

> possibility of debt

> can influence credit score

> credit cards come with fees and charges