The Advantages of Credit Cards

Well, like loans, using credit cards can help you build a positive credit history. This can enhance your ability to receive a private student loan, buy a car, rent an apartment, get a job, and eventually, try to buy a house. Of course, there are other advantages to having a credit card including:

• Security in emergencies;
• Reduced need to carry cash or checks; and
• Enhanced personal responsibility and independence.

However, only one national card like a VISA or a MasterCard is necessary to receive these benefits.