There are a lot of myths and misconceptions about credit cards. Believing these myths can cause you to waste a lot of money. That is why it is important to separate the myths from the facts.
Myth: I do not Need a Credit Card
Fact: Many people believe that they do not need a credit card. They think that it is best to use a bank debit card, cash or prepaid card. You do not necessarily need a credit card, but there are a number of benefits that you can reap from having one. If you use your credit card responsibly, then you can increase your credit score. You can also get rewards when you use your credit card. Continue reading