Free credit card: A benefit or a risk?
 It is important that we know that when we are speaking about a free credit card, we do not refer to the credit cards for which it is not necessary to pay anything, but we refer to those that in addition to that his request is free, they can gain access to several benefits between which there is the monthly discount of the corresponding summary. Although until some years ago, when a person wanted to request a credit card, the corresponding request had to be a pay, as this way also the corresponding plastic to be dedicated. Due to the obstacle that this was meaning for several banks, it was decided to begin to offer cards of free credit, without any type of cost neither in the request nor in the plastic, as this way also, in the monthly summary.
This implied a big advance as for the possibilities of personal financing, but at the same time, the people generated a consumerism fever between, on having been opposite to the facility that represents at present to acquire a free credit card. In this aspect in particular, we must point out that many persons, usually have up to six different credit cards, something that can turn out to be very dangerous especially when it is a question of a person who does not support an order and a responsibility in his personal finance. Due to the lack of these three requisites that influence straight the personal economy of every person, the free credit card is the principal cause of the indebtedness of the persons, and consequently the motive is more appellant for whom many people have to end up by going into bankruptcy or in broken banking. It is all forms very important that we clarify that a free credit card does not represent a negative financing way, not much less, what we mean with all this is that the efficacy that possesses the free credit card as method of personal or particular financing will depend entirely on the responsibility of every individual.
So that more or less it could have an idea of what we mean, we can quote a basic example as for the use and the abuse of the free credit card; for example, there are great the persons who use his credit cards to realize payments that can be done in cash, how it can be eaten in restaurants, entertainment exits (movies, parks, concerts, etc.) buys of personal articles, etc., and they even even use the free credit card to pay the services expenses, or, the expenses of the free rest of the credit cards that it possesses.  All these added factors, they result to us in an enormous debt that we will not be able to confront unless we request a refinancing. On the other hand we can say that many persons stand out for taking a correct planning as for the use of his free credit card; in general they usually use it to finance buys that could not be realized in effective, like the buy of furniture, domestic appliances, etc. It is important that we emphasize that a correct planning not only must be carried out in those cases in which credits and loans are requested, but also it is advisable that a control takes on the expenses done by means of the free credit card and the planning of the payment of the same ones.
The importance of the reasonable use of the free credit cards
Finally we do not want to allow mentioning the fact that to make use of all the benefits that a free credit card grants us is one of the best ways of being able to finance all those that we need or want to acquire, and this is due to the fact that to have the possibility of being able to acquire more than one free credit card, can turn out to be an excellent tool for our personal finance, but as well we have said in this article, the efficacy and efficiency of the above mentioned tool, it will depend exclusively on the use that we give him, for it it is so important that a certain control is had on all the deals that are realized by means of the free credit card. Although it is very easy to allow us to go for the facility with which different products are acquired by means of the credit card, it is important that we have in mind the consequence that might go so far as to bring an abuse of the same one; let's remember that an unpaid debt corresponding to a free credit card can take us to the broken banking, therefore it is fundamental that if we have in mind that to pay with credit card is simply to sign and to go away, we take conscience of which at the end of every month we will have to answer with our money to all these acquired products. |
