Step-by-step explanation:
Some common advantages of having a credit card include:
Paying for purchases over time.
Convenience.
Credit card rewards.
Fraud protection.
Free credit scores.
Price protection.
Purchase protection.
Return protecti
disadvantages of using a credit card
Paying high rates of interest. If you carry a balance from month-to-month, you'll pay interest charges. ...
Credit damage. ...
Credit card fraud. ...
Cash advance fees and rates. ...
Annual fees. ...
Credit card surcharges. ...
Other fees can quickly add up. ...
Overspending.