Convenient or dangerous? A help or a hindrance? Credit & store cards can be viewed entirely differently depending on who you ask.
For the most part, whether a credit/store card is beneficial to you often falls to how you choose to use it. If you have the resource & self-control to pay your debt back in full each month, these cards can be safe, secure way to spend. However if you find yourself in a position where the bill is growing quicker than you can pay it off, high interest rates can lead to problem debt.
This Friday’s show (16th of December 2016) will look at the pros & cons of credit & store cards.
Join Simon & Penny at 1pm on Channel Radio.
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