Business Studies, asked by Taybaa2410, 1 year ago

Advantages and disadvantages of credit card in india

Answers

Answered by Debprotim27
1
Advantages of Credit Cards:
Easy access to credit
Building a line of credit
EMI facility
Incentives and offers
Record of expenses

Disadvantages of Credit Cards:
Minimum due trap
Hidden costs
Ease of overuse
High interest rate
Credit card fraud
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