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What are the disadvantages of paying with a credit card?

Updated: 8/17/2019
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Q: What are the disadvantages of paying with a credit card?
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Related questions

What are the advantages and disadvantages of credit card?

The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.


Can you sue your absent husband for not paying a credit card he borrowed money on from you?

Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?


What are the advantages and disadvantages of card?

The advantages of a credit card is you can buy things that you don't have the money to buy. The disadvantages of a credit card is that you have to pay it off with interest in the future.


Do the advantages of credit outweight the disadvantages of credit?

With the rampant credit card theft, its disadvantages are becoming more than its advantages.


Disadvantages of using a credit card?

Everything.


Are there any major disadvantages to a Chevron credit card?

There are no major disadvantages specific to a Chevron credit card. There are disadvantages inherent in credit cards like annual fees or murky language and varying rates for different usages, but those are potential disadvantages to all credit cards.


Is paying the minimal on credit cards considered a sign of credit trouble?

Paying the minimum amount due on credit card is not necessarily a sign of credit trouble because it actually makes the credit card account current.


If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?

No.


Is paying off your credit card bad?

Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.


Can i buy a Walmart gift card at Walmart using my Walmart credit card?

You should be able to do this. Usually the only issue is paying a credit card bill with a credit card.


Can i buy a Lowe's gift card at Walmart using my Walmart credit card?

You should be able to do this. Usually the only issue is paying a credit card bill with a credit card.


Is credit card a credit?

most certainly it is. the extended reason is that you are paying with future funds that are to be paid to your card issues