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Why are credit cards good?
Ok, so my friend and I are having a little debate show online. For our first webshow, the topic is “Credit Cards. Good or bad?” She has bad, I have good.
So, I’ve been researching it, but lot’s of sites that I’ve seen say it’s bad. Can you pleeeeeeeeeaaaaaaase help me with this?? I have a few things, but not enough for the show. Here’s what I’ve got so far.
Convenience
Credit cards give you the convenience of being able to pay for things with just the swipe of a card instead of having to count out the exact change, or having to write out a check.
Rewards Programs
Lots of credit cards offer rewards programs that allow you to earn money back, travel or other rewards for your purchases.
In Case of Loss
If you lose your credit card, all you have to do is call the credit card company to cancel the card, but if you lose alot of cash, it’s gone for good.
Yea. So that’s all I got.
So, please help. I need more than that.
Instead of putting all your focus on finding the pros about credit cards, you should prepare to argue against her arguments as she’s likely going to come with strong ones that might leave you speechless. It’s pretty clear to most people why credit cards can potentially do more harm than good for most people.
What will you say against,
“Credit cards allow people to spend more money than they actually have causing a never ending debt cycle. Current debt issues ring any bells?”
