A credit card is an automatic card wherein you can use it to pay without bringing cash in your pocket. Credit cards can be use to expense for medical and dental hygiene, hotels, restaurants, grocery stores, and other establishments that has a credit card machine. There are advantages and disadvantages of using credit cards. Visit Bugis Credit to know more about credit cards.
Advantages
The first advantage of credit cards is it lessens your effort to bring large amounts of money. Being cashless helps you to prevent being robbed by evil people, or it avoids you to lose some of your cash.
Second, it gives you the advantage of being adaptable to a new place. If you find that an area has a lot of robbers, and you being cashless can help you to survive that place without losing any money.
Disadvantages
First, some people are cheated by giving their credit card numbers over the phone to rogue merchants. If you are not careful, you might give your credit card information to another person and use your credit card for some unknown transactions.
Second, it becomes a loan when you forgot to pay your credits. With this, your credits will now stack, and it will be a big problem if soon it becomes a debt.