What do yous think about credit card ??

some ppl say - itz a false sense of wealth. which i think itz true.

There are a lot of misconceptions, even outright lies, regarding credit, especially in terms of what determines good and bad credit. Currently, television is full of commercials for debt consolidation companies and credit counselors. Daytime talk shows abound whose premise surrounds people who have gone bankrupt by using credit cards. Many of these stories are extreme examples of what can happen to people with bad credit, but they still do not answer the million-dollar question:

What is the difference between good vs. bad credit?

If it's one that operates like a direct debit, then I don't think so.

credit cards a very convinient....and thats the real problem...its too convinient