During the weekend I read an article on the newspaper about how hard it can be to live without a credit card.
Our society pushes us into debt. Marketing campaigns, online marketing, junk mails and other strategies are all designed to lure us into acquiring stuff that we don’t need.
Wait, there is more. A few months ago I was walking on a shopping centre and saw the advertisement on a modest clothing shop. It said something like “buy your clothes now and pay for them later”.
It is very easy these days to get credit and get into trouble with it.
Vanquish credit cards is an example of how individuals with poor credit profiles can acquire a credit card. If you follow the link provided you will see on their home page that the say “…if you use it sensibly…”. That is the trick with credit cards, most people don’t have the control not the knowledge to know how to manage credit cards.
Furthermore it is becoming increasingly difficult to live without a credit card. I admire people who want to live without credit cards. My in-laws never had a credit card until a couple of years ago when they wanted to travel and could not book their accommodation.