Should I Apply For A Credit Card And How

Are you pondering on whether you should apply for a credit-card? Well, the answer quite simply is – 'Yes' - you should apply for a credit-card (this is true for most people).

The credit-cards seem to have transformed our lives. In reality, one can term credit-cards as a revolution. Today, you find ads in TV/newspapers/website/shops and almost anywhere and everywhere; all asking you to apply for a credit card.

If you look around, you see that most people have credit-cards. In reality, most people have multiple credit-cards. Everyone seems to apply for a credit-card.

So, why should you apply for a credit-card? There are a lot of benefits associated with credit-cards; however, the most indispensable do good is the convenience that they offer. For most people, this is the prime and the sole reason that instigates them to apply for a credit-card. This wouldn't have been the case a few years ago, if not many merchants accepted credit-cards.

In any case, today, most merchants do accept credit-cards. So, instead of carrying a lot of cash on you (which is both inconvenient and unsafe), you can just carry a tiny piece of plastic with you. Further, you get interest free credit e.g. you do not have to pay the bills till the consequent monthly billing cycle.

So, you can buy now and pay later (if your salary arrives) – a great reason to apply for a credit card. To add to that, there are certain merchants that offer interest-free installment payment plan e.g. you can make a big purchase today and pay for it in installments on your credit-card.

So credit-cards works as instant long term loan too (not just a monthly loan). Yet another reason to apply for a credit-card is the discounts on shopping. This is made possible by the tie-ups between credit-card firms and the merchants.

So credit-cards provide many benefits. There are various ways in which you can apply for a credit card - you can apply for a credit-card in person, you can apply for a credit-card on the world wide net and you can apply for a credit-card on phone too (by asking the representative to meet you). You will as such be approached by a lot of sales representatives, all asking you to apply for a credit-card with their company.

To apply for a credit-card, you will need to fill-in a application form (which is uncomplicated to fill and the representatives of the credit-card company will assist you in that). If you apply for a credit card, you basically enter into an agreement with the credit-card supplier (the form that you fill if you apply for a credit-card is actually an agreement).

After you have submitted your application, the credit-card company conducts certain checks to determine your credibility; and if everything is fine, you receive the credit-card. So, applying for a credit-card is uncomplicated and to apply for a credit-card or not to apply for a credit-card is a matter of personal choice.

In any case, for most people who do not have any credit card, the recommendation is “Apply for a credit-card”.


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