10 things credit cards won't buy
Credit cards can be convenient, but they won't buy everything. These are a few of the items that may require some cold, hard cash to purchase.
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While credit cards can decline.... cash does not.... I NEVER USE CREDIT CARDS cause I don't like paying there interest rates and stupid fees!! Unless its an emergency I never buy somthing if I don't have the cash.
I don't think the author did their research here...
You can pay tuition with a credit card. I graduated from a community college and a major university. I would pick my classes and pay online with a credit card.
I made a down payment with a credit card as well. I purchase a car late on a Monday evening. I knew I had the money in the bank for the down payment but I forgot to bring my check book to the dealership.
I think the online porn industry would implode if they didn't accept credit cards!
I see all kinds of comments concerning this, but the one issue I think everyone should think about. Businesses are charged a fee by the bank each and every time a customer uses a debit or credit card. Usually these fees are higher for credit cards and credit cards can have extra charges depending on type , bank etc.
Owning a small business that takes both credit and debit cards I was finally forced to place a $5.00 minimum purchase for card use. You will read in the media how Banks have been spanked by Washington for illicit fees and charges and The big box stores even had a class action suit against the banks about this which resulted in a repayment if court approved of 1/2 of 1% of the illegal charges. So for every dollar we get back 1/2 a penny. Now some businesses actually charge a fee for card use but I have never done that. Actually even that is illegal but people just pay it. I ask for the future growth of especially your local small businesses that you all consider carrying at least a small amount of cash to save the small business owner these fees. I never personally purchase anything under $20 with a card, and I hope it helps that business stay around a little bit longer. Remember that in economic slow times like we have now and have had for awhile, Business owners struggle also. We are not all rich just because we have a business, in fact a lot of us have less spending capital than the average working man or woman.
Ok, that is a BS article. First, I have bought a $25k car entirely on credit card. 0% interest rate for 12 months. Put the money in the bank, collected interest and paid the car off by the 12th month. Sure way to add miles and earn interest.
Paid college tuition back in 90s with credit card as well. Tuition was much cheaper and I guess schools didn't care much. I don't know my school still takes credit card.
I have also used credit card at discount stores...although not Aldi.
On the gambling slide..."They're joined in the effort by casinos that are dedicated to responsible gaming practices and working to prevent behaviors that will fuel compulsive gambling". Responsible gambling...yeah right. That is why they have ATM machines in the casinos. In fact, they don't take credit card because they want to suck every penny out of you that you "own", not someone else's money.
About the slide on discount stores that take Visa only. Well, most people have more than 1 credit card. if you qualify a "specific type of credit card only" then add Costco to it as well. They take American Express only
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You can give your car the care it needs without draining your bank account if you follow this advice.