Last month, Kuripot Pinay had a guest post here in our site and she talked about the pitfalls of giving in to 0% interest rates offered by credit card companies, banks, and partner shops. It was actually focused on the spending behavior of consumers who use credit cards.
For Kuripot Pinay, purchasing through 0% interest plans is a good tool to trim down payments if you have bigger purchases. You can be able to maximize the potential of the 0% interest provided that you have the discipline to pay it in full and on time. Assuming you are saving and investing, having a credit card is a great buddy to celebrate little victories in life by being a responsible spender.
We currently have a survey being answered by our Facebook group members and it’s quite surprising that a lot of responsible consumers view credit cards as a good purchasing tool. You can see a few of their comments in the screenshot below. And of course, our guest writer for today, Mark of MoneyMax.ph, will show us further the brighter side of easy instalment plans using credit cards in the Philippines. Continue reading Advantages of Easy Instalment Plans for Credit Card Holders