Credit Cards Can Be Friend or Foe
News from Patch.com:

Almost everyone in America, from teens to retirees, has a credit card. Chances are your mailbox is full of credit card offers right now. But why should you have one? Well, they are convenient to use and can be safer than carrying cash, and they offer you consumer protections under federal law. However, it is also a big responsibility because if not used carefully, you may end up owing more than you can repay and damaging your credit rating.

So, what should you know before you apply for a credit card? The following information will give you a basic understanding of how credit card financing works, and help you determine what to look for when selecting a particular type of credit card, and how to use your card responsibly.

Here Are Some Advantages of Credit Cards:

  • They offer protection against theft of your cash because credit cards allow you to carry less of it.
  • If you’re traveling, it is usually easier with a credi…………… continues on Patch.com

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