Should I Charge It — Or Pay Cash? - KREN CW 27 TV(Cash Pay)
Credit card companies want consumers to keep on charging, of course, because they earn a fee — about 3 percent of the purchase price, on average. In addition, credit cards are gaining popularity with proponents who argue that charging every purchase on a credit card is worth it if you earn rewards. The latest trend among those seeking the most from credit cards is to pay for all or part of a vehicle purchase on a credit card (again, to earn the elusive reward points). A person with no credit history who wishes to build up to a car loan or home loan would be wise to accept a credit card offer — even for a secured credit card (where the cardholder has a deposit with the company). Find Out More
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