Credit Cards.

Overuse of credit cards will increase your expenses and interest liability. If you draw cash by using credit card, interest burden will be more. These are only risks.

So you need to use credit card only as a convenience and not to overspend. Also never draw cash using credit card. If you observe these precautions, no difficulty arises.

Credit card is just like a short term loan.

It is a source of convenient credit for shopping.It is easy to used.

But it adding monthly interest charges.(You pay more for services).

Most of the savings are interrupted and if lost it is easy to misuse. The advantage is can be used anywhere.

Cr Cards can only be used if you know the best way of exploiting it.
You must ask the payment cycle. The early on the payment cycle you buy and pay through your card at POS(Point of sale), the more time you get to pay back without the interest.Payment cycle varies from person to person and grace and credit period varies from bank to bank.

You pay more when you use credit card. It is better to use credit only in emergency.

I am really very grateful to the members for sharing their valuable information about the usage of credit cards and I would really think before applying to get one for me...

As I have no credit cards and as I don't knows its correct usage I also wait for replies.

i don't use credit card so i don't know about it more.