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It's hard to imagine a world without credit cards. More and more people rely on them. Most people carry several at a time. There are advantages to using a credit card. The first, obvious one is that you do not need to carry cash with you. Gone are the days of last minute panic when preparing for a trip and realizing that you forgot to go to the bank to get cash and now it's closed. Nor do you ever have to worry about running out of cash on your trip.

There is also the advantage of accumulating points or rewards on some credit cards. These can be used to make purchases or even get a plane ticket without paying a penny out of your pocket.

Large purchases can be made with a credit card and as long as you are responsible in paying off the bill every month or at least as soon as you can, using a credit card will not cause you to accumulate debt.

Read what the government has to say about credit cards.

 

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