What is the downside most consumers face having a credit card?
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What is the downside most consumers face having a credit card?
Answered on May 8, 2010
Updated on May 8, 2010
The content is accurate at the time of publication and is subject to change.
The major drawback about owning a credit card are for those consumers who tend to lose control while shopping and buy goods and services beyond the limit they can afford. This may leave the consumer running in circles to repay this debt.
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