If you were to depend solely on your ready cash when purchasing goods and services, you wouldn't be able to stretch it very far.
The amount of cash in your savings would limit you in your buying capacity.
However, with a credit card you have the freedom to purchase goods and services up to whatever your credit limit might be.
So, if you want to purchase the much needed sofa and a dining table in the same month, you really don't have to look into how much ready cash you've got and neither do you need to "beg or steal".
But you do need to borrow and you can do so on the wings of monetary freedom bestowed on you by the King, the credit card.
The credit card also dispenses with the inconvenience of having to carry ready cash on your person when either you go shopping or for an outing.
And it's doubly annoying to check if you have received the right amount of change time and time again.
The credit card waves aside all these minor difficulties with a simple tuck at the till machine.
What could be smarter than this? And not only this, the credit card allows you the freedom to make on-the-spot purchases of goods and services when you don't have ready cash on you at that moment of time.
Cash can be stolen and if it is, you might have difficulty in proving that the stolen cash is really yours.
But if a credit card is stolen or misplaced inadvertently, you won't need to worry because of the protection of the chip and PIN.
As long as nobody, whether known or unknown, knows your PIN, you can be rest assured that you are very safe.
But do remember to report the theft or misplacement of your credit card immediately to your credit card provider.
This is because if your credit card is in the wrong hands, then it can be used to purchase goods and services on the internet where the chip and PIN is not required.
Or your stolen credit card can be used in those foreign countries where the chip and PIN method is not available.
There is extra security under the Consumer Credit Act 1974 when using the credit card to purchase goods and services.
If, by any chance, the goods or services purchased by you on the credit card have not come up to your expectations and the retailer cannot/won't refund your money, then you can complain to the credit card provider who will reimburse you and take up the matter with the retailer.
So, with all these advantages to support the credit card, don't you think it is justified to say that today the credit card, and not cash, is truly King?
The amount of cash in your savings would limit you in your buying capacity.
However, with a credit card you have the freedom to purchase goods and services up to whatever your credit limit might be.
So, if you want to purchase the much needed sofa and a dining table in the same month, you really don't have to look into how much ready cash you've got and neither do you need to "beg or steal".
But you do need to borrow and you can do so on the wings of monetary freedom bestowed on you by the King, the credit card.
The credit card also dispenses with the inconvenience of having to carry ready cash on your person when either you go shopping or for an outing.
And it's doubly annoying to check if you have received the right amount of change time and time again.
The credit card waves aside all these minor difficulties with a simple tuck at the till machine.
What could be smarter than this? And not only this, the credit card allows you the freedom to make on-the-spot purchases of goods and services when you don't have ready cash on you at that moment of time.
Cash can be stolen and if it is, you might have difficulty in proving that the stolen cash is really yours.
But if a credit card is stolen or misplaced inadvertently, you won't need to worry because of the protection of the chip and PIN.
As long as nobody, whether known or unknown, knows your PIN, you can be rest assured that you are very safe.
But do remember to report the theft or misplacement of your credit card immediately to your credit card provider.
This is because if your credit card is in the wrong hands, then it can be used to purchase goods and services on the internet where the chip and PIN is not required.
Or your stolen credit card can be used in those foreign countries where the chip and PIN method is not available.
There is extra security under the Consumer Credit Act 1974 when using the credit card to purchase goods and services.
If, by any chance, the goods or services purchased by you on the credit card have not come up to your expectations and the retailer cannot/won't refund your money, then you can complain to the credit card provider who will reimburse you and take up the matter with the retailer.
So, with all these advantages to support the credit card, don't you think it is justified to say that today the credit card, and not cash, is truly King?
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