The average American consumer is unable to pay for everything all at once for the most part. Credit is the friend and enemy to millions of people who use credit cards regularly in order to afford everything they want and need from day to day even if they do not have the money upfront.
People with good credit scores can get 0% intro APR credit cards. Transferring balances while an account has this promotion will save money on interest. Consumers should be aware what the normal APR is for when the 0% intro APR ends and defaults to the normal APR.
People who use credit on a regular basis whether it’s personal or business can look into cash back credit cards which will give them points for shopping that will result in bonuses for using the card frequently. Consumers should be aware of all the fine print associated with this promotion as well as any credit card they are deciding to apply for.
Credit is a good thing if used wisely. If spending gets out of hand, then credit card users can find themselves in heaps of financial burden and at the bottom of a hole where they cannot get themselves out.