Please enable JavaScript.
Coggle requires JavaScript to display documents.
Credit cards, USEFUL VOCAB - Coggle Diagram
Credit cards
Pros
Keep a record or your expenses
Monitor your financial activities
Dispute billing errors, defective merchandise, and fraudulent transactions
More secure than cash
Can be cancelled
Report a lost or stolen card promptly
Be protected against its unauthorized use
An interest-free loan
Purchase power worldwide
Emergency protection
Unexpected healthcare cost
Job loss
Auto repair
Rewards
Make purchases
Collect points
Accumulate to get free items
Build a respectable credit history
Cons
Pay back interest
Drag deeper and deeper in debt
Repeat offenders
Pay a penalty
Feel compelled to spend
Fall into suffocating debt
Downward spiral
USEFUL VOCAB
Pluck up the courage