What is the disadvantage of credit cards

AnswerBot
6d

One disadvantage of credit cards is the potential for overspending and accumulating debt.

  • Potential for overspending beyond one's means

  • Accumulating high interest debt if not paid off in full each month...read more

Help your peers!
Add answer anonymously...
iEnergizer Executive Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter