Why are some people so afraid of credit cards?

Jump to Last Post 1-5 of 5 discussions (5 posts)
  1. RobertoPortales profile image76
    RobertoPortalesposted 6 years ago

    Why are some people so afraid of credit cards?

  2. Cagsil profile image81
    Cagsilposted 6 years ago

    It's not so much being afraid of them. It's more to do with being smart about spending money, which in this case is a good thing. Credit cards are a gimmick brought forth by companies who like to manipulate people into buying things beyond their limits.

  3. celebritie profile image80
    celebritieposted 6 years ago

    I think they are afraid of the unknown, especially if they were not taught financial literacy. If credit cards are not handled properly they could get you in deep trouble with uncontrollable debt, making it hard to buy a home or get a loan.

  4. RobertoPortales profile image76
    RobertoPortalesposted 6 years ago

    When used properly, credit cards are a great financial tool, which allow people to use banks’ money for FREE for about 2 months, earn rewards such as cash back, airline miles, and hotel points, and build up their credit score, which will allow them to get cheaper loans in the future such as mortgages and auto loans.

  5. lburmaster profile image82
    lburmasterposted 6 years ago

    Not afraid of them. Just hate them. The idea of paying someone later for something you are buying now is kind of a debt trap. What if you loose your job? You will not be able to pay stuff back. It only causes issues. Especially when individuals forget a purchase they made then buy something else to pay for later. Then they will not have enough money. If you are using someone else's money, you are just as foolish. That is not even your money that you are using!! It seems as if you WANT to be in debt or abuse others. A credit score is not actually necessary. You can always pay for everything in cash. You just need a debit card. Plus, why in idiot's name would you get a loan?! Use someone's money to pay back later! I know so many people who regret getting loans. They owe thousands upon thousands to other people. And when they get married, their partner also has loans and they are in debt for years, unhappy with their finances, and get a divorce. Because the number 1 reason why couples get divorced is money. You are just trying to cause yourself issues!
    There are just too many problems that could arise and cause issues. It is unwise and I will certainly never have one. Cash or debit. And even then, I don't like debit.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)