Feb16
Five Moments in your Life when it Pays to have Credit Cards
Credit cards are more than convenient. In fact, they can be a downright necessity at times. For many individuals, having a credit card is more about freedom and security than it is about being able to spend freely.
The first step in successfully managing your credit is to develop a healthy relationship with credit cards. Once you have a certain appreciation for their practicality and convenience, and once you have a clear understanding of their ability to not only make, but break, your credit, you are well on your way to an excellent credit future.
For most people, the ability to have purchasing power in the event of an emergency is crucial. In addition, there are many times when a credit card is simply a must:
- When you Book a Hotel – Most hotels simply won’t allow you to book a room unless you are able to secure it on a valid credit card. For anyone traveling on vacation or business, a valid credit card is essential.
- When you Book Airline Travel – Perhaps the easiest way to book airline travel is on the Internet or over the phone, and both of these methods require a valid credit card.
- When your Car Breaks Down – Most of us have been in the unfortunate situation of a car breakdown. And most of us know it is quite a relief to know that we have a credit card in our back pocket to take care of the bill so we can be on our way.
- When your Furnace Dies – It’s the middle of the winter your furnace decides to blow. What do you do? If you’re a credit card customer, you can immediately call in a repair man who can get your furnace repaired or replaced so you and your family can remain warm and comfortable.
- When your Wallet is Stolen – When our wallets are stolen our cash is gone, along with your sense of security. However, you will be likely protected from theft and fraud when it comes to your credit card. In addition, most creditors can rush a new card to you within one or two days.
