Why should I use a credit card?

Using credit cards could provide you with a variety of benefits, including the opportunity to improve your credit profile and the possibility of earning valuable rewards; however, this is only the case if your credit card accounts are handled well.

If they are not paid on time then you’ll be in trouble which means, more debt, interest, and late fees may build, and that would drastically reduce your credit score. Credit reporting agencies are responsible for maintaining a credit profile for almost every adult in the country.

This profile includes details on every loan that you have asked for, received, and repaid in the past. Therefore, you need to make prudent use of your credit cards.

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