plz wait to finishing our delhi election.i am tearing/threatening/clapping.your heart is not broken.why joint my heart with u.every men always pressure. plz with relation is best with u.for ever. first comes orissa. Then to be delhi.
i am expecting this.i will talk later. if my relation with your relation.always for ever best.
you can also calculate your monthly cash expenses where u cannot use a credit card and then fix the rest amount of money in short 20 days FD and earn some interest and pay the bill once it matures just before the last payment date.
Re: positive of credit cards
by arun sharma on Dec 07, 2014 05:16 PM
The message by credit vidya is funny.In India money sold via credit card is @40% as interest which is 3 times costly than bank personal loan.So by writing this article he wants to create addiction for credit card use which may bankrupt a person.the credit card company benefits by turning their money double in 2.5 years.so,it is very costly to use credit card.
NOT convincing enough .. Credit card spenders always get trapped in the feeling that "The more you spend on your credit cards the more points you can collect ".. and finally end up paying interest (as high as 36% or 42%)..
Credits cards tend to bankruptcy..Ihave seen many people over spending abd later they cant repay..This article is is juz in favor of using credits cards..its nothin but paid advertisement!! Like whoz goona buy a 60000Inr diamond ring from abroad if its easily available in your own country!! And to lead a simple life you dont need 100k Inr hard cash..so i dont think a common man in our country is in favor of credit card! Whoz goona shell tht extra buck to the bank!!
Re: Thts not true!!
by anirban chaudhuri on Dec 06, 2014 03:58 PM
overspending is a personal behavior peoples goes bankrupt even without having credit card.
As long as you do not overspend, you need not fear credit cards. Further, the greater the use of credit cards, the lesser will be the black money generated
It is better to be safe than sorry. You will purhcase and keep on paying interest for your life time (36 to 42%). Another paid article to promore the credit cards
