You buy it, you live, you don’t buy, you don’t live, so you can summarize the view on the life of quite a large group of society, that is, possessing goods is an absolute priority that nothing can break through or overtake.
It is known that the vast majority of those possessed with buying mania implement these plans with the help of external financing, cash loans, consolidation loans, and not from their earned money, these are always lacking.
Mainly issued to pay installments of other loans and financial liabilities
Especially when they begin to be mainly issued to pay installments of other loans and financial liabilities. However, consumers don’t care about this as long as fast credit card cash registers are available.
There is no shortage of such products on the financial market, just go to the websites of banks. Virtually all of them offer a credit card or deposit. There is nothing else but to take and enjoy the additional resources to use. A common product offered by banks is a credit card, through which we can do shopping at the bank’s expense.
This is possible within a certain limit set by a specific bank
Of course, this is possible within a certain limit set by a specific bank. Banks set periods in which the client will not pay interest, i.e. for example the period is sixty days and the client will pay back the sum in 50 days, then he will not pay any interest on the amount collected. Only after the free loan period has expired does the bank begin to charge interest at a pre-set percentage.
They are usually comparable or slightly higher than the interest rate on cash loans. Credit cards can pay off only on one condition, when there is a chance that we will reduce or completely repay the loan within a few months.
It is worth doing cashless purchases with such a card
Without removing them from an ATM, which is associated with an additional collection of high commissions. There are credit cards in which the debt can be broken down into installments and repaid as a regular loan taken for a year or two depending on the bank from which the card is issued. Then the interest is usually much lower than what we would pay with credit card debt.