Pros
You no longer have to carry a lot of currency in your wallet and fear of losing it. One small plastic card is all it takes and you can purchase whatever you wish for. You can sit at home and shop with your credit card. Online shopping is virtually impossible without a credit card. If age verification is required in certain websites, a credit card is the only way that you can verify this. internet and online shopping are considered to be the only way shopping will happen in the years to come and a credit card is perhaps the best way for you to purchase. Pay back the money in the grace period and you do not even have to worry about interest being charged.
Cons
Most people cannot resist shopping when they have a credit card in their hands. Shopping on impulse and buying unwanted things is one of the chief problems with a credit card. As a result a lot of people end up with credit card debt and as a result of this, they end up with bad credit. If you default on payments, you will be charged late fees and the interest rates also keep mounting. Eventually the amount can inflate to a huge amount that is almost double the original amount that you borrowed. Hence it is crucial that you only spend as much as you can afford with your credit card. If you are giving your kid a credit card, make sure that you monitor his/her purchases. Having a preset credit limit for your card is also one of the better ways to use a credit card. A student or a kid with a credit card often needs credit card help from parents.
one disadvantage of using human development index.
The advantage is that the wage bill is reduced, the disadvantage of the retrenchment growth strategy is that a firm may loses employee without reaching their full potential.
advantage and disadvantage of having common currency
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
ANSWER ??
What are the advantage and disadvantage of SEPIC converter
The main disadvantage to using a secured credit card in place of a traditional credit card is the fact that you have to have the money in advance for any purchase you want to make. While this is an advantage when considering your credit score, it is also a disadvantage in the event of an emergency situation.
advantage of using a barometer is that we can measure air pressure .a disadvantage is that there is barely any wind.
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One advantage of using transportation is that is quick. One disadvantage of using transportation is that it is expensive.
Advantage is that you can hit a ball further while the disadvantage is that it is harder to control or change the swing
the disadvantage of using community service is that you have to pay and you dont have the advantage to going where ever you want
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an advantage is that its fun to do but the disadvantage is that your either going to have it taken away if you use it in class or ..... well thats it
An advantage of using a pycnometer is that the instrument does not have to be in direct contact with the fluid it is measuring.Ê A disadvantage could be that it can be easily broken as it is made out of glass.
The advantage of using a cellphone is that it is portable and affordable. It therefore makes communication easier and faster. The disadvantage is that it may lack privacy and may be very costly.
You pay more because of fees.