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Disadvantages of Credit Card While they have innumerable benefits, there may also be a few disadvantages of credit card. 1) Overspending Since credit cards offer you credit to a huge extent, there may be instances where you make unnecessary purchases of the available limit and fall in debt trap later. 2) High Interest Charges There is a very high interest rate applicable on the billed amount using a credit card, which may eventually lead you to high debts. 3) Surcharges Upon making a certain spe

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Briefly discuss the disadvantages of credit cards as the standa... | Filo

Advantage and Disadvantage of Credit Card | क्रेडिट कार्ड के फायदे और नुकसान | Credit Card Jankari Video - https://www.youtube.com/watch?v=GBd18HVExnk&t=4s #creditcard #creditcards Namaskar, YouTube par aapka swagat hai! Aaj hum aapko "क्रेडिट कार्ड के फायदे और नुकसान" ke vishay mei saari jankari denge. Credit card ek aisa financial tool hai jo aapke zindagi mei achaar dal sakta hai, lekin iske saath aane wale challenges bhi hain. Is video mei, hum aapko credit card ke fayde aur nuksan ke baare

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