Frequently Asked Questions - What about credit cards?

Credit is relatively easy to secure these days.  If you haven't already, you will probably receive offers from banks or department stores for a credit card.  Consider carefully before accepting.  The card issuer assumes you will pay the loan off with future earnings, but preferably not all at once.

Credit card issuers are counting on your needs (or desires) being larger than your ability to pay.  You get instant (if short lived) gratification, and the card issuer earns interest.  The best way not to become caught up in an endless credit cycle is not to carry the card around with you.  Use it only when absolutely necessary, then pay off your balance before purchasing additional items.

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