I think credit card is a big threat to a person and as well as all countries because its a trap from bank to person because credit card money is not ur money its bank money and due to this bank collapsed in world because they give more credit to person and not recover and banks and as well as person collapsed u have also seen in recent economic crises in mortage industry in all over world credit card must be ban these are only my views on cc what do u say
debt using credit card is make u suffer but credit card also can help u, if u are urgent need money e.g: if u r admitted to hospital after 12am, where is no ATM is function
I think credit card is for good but then, the person who has it abuses because maybe he/she thinks that it has unlimited money, not knowing that it would surely lead them to debt. It requires discipline of the credit card holder.