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IS CREDIT CARD A BOON OR A BANE?
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Given a chance everybody wants to have a credit card, generally after that the person goes overboard to spend, where he feels like doing, to impress GF's, wife, shopping etc. When it comes to paying back the instalment, then u release the pinch, the interest is accummulating, if everybody paid the entire amount in the subsequent billing , then no interest is added and credit card company would hv found it difficult to survive, only most end up paying the bare minimum amount. This is the catch.

Posted by: DoBoy At: 13, Jul 2005 5:33:08 PM IST
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