Q. Why do rich people use credit cards when they cannot afford to pay expensive things at once?

Why do rich people use credit cards when they cannot afford to pay expensive things at once?


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11

Jul, 2018

1 Answer
  • kiaazad

    it’s not feasible to carry lots of cash around to buy things


       

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Asked in Category

Banking

Is it a good idea to join banking? What happens to your money when you put it in a bank? Will it help consumers' financial lives? If youre fed up with your financial status, you need something that can help you- a bank. But, theres a time when choosing a bank is a hard decision. Banking services had now reached to a much larger section of the society. Putting money in a bank doesnt remain locked up - instead, it basically helps other people by lending the money at rates and you depositing customers gain a small amount in return.

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