Why That Credit Card Offer May Be a Bad Idea
Ah, credit. It’s been the backbone of the financial industries for years. Banks rely on us to get mortgages, as this means that they can recoup the interest. Banks rely on us for personal and secured loans. They rely on us for business loans and car loans – credit cards are just another stream of debt that banks and lenders rely on us for. If we take money out from the bank, then the fees and interest we have to pay is going in the pocket of the bank. But the thing is, credit card offers look so tempting! Of course, they are designed that way. The more we spend, the more money we pay in interest and the circle … Read more