Credit cards offer convenience and flexibility, and some even offer rewards like cash back. They make it possible to afford large purchases when you don’t necessarily have the cash on hand.
Throughout a one-month billing cycle, you can use your card to make purchases up to a credit limit. If you pay your bill in full, your balance resets to zero and you can charge up to the limit again.
Credit cards also allow you to pay off your balance over time while still using your card. In other words, you can take on short-term debt, which isn’t necessarily a bad thing if you’re able to pay that debt off.
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