Question

Disadvantages of using credit cards any 10 points

Answer 1

Here you go:

1) Not all the places or shopkeepers accept credit card.

2) They make u spend more than you actually have.

3) The interests rate are high.

4) All the people don't know how to use credit cards.

5) One may forget their pin code.

6) If no ATM is there then u will get stuck.

7) Several ATMs go out of order frequently.

8) Credits card can be easily used to steal money.

9) The magnetic strip gets weared over time.

10) There might arise some technical issue while using them.

Hope it helps ^_^