Credit Distinguished Acuity.

Convenient, you don't have to use your own money right away, you can stretch amount owed into payments, etc. Disadvantages of credit Interest, credit card companies can try to trick you, minimum payments build up, you might end up paying more than you would if you just paid it in full up front, etc. What are the benefits of using credit wisely? A consumer can receive products/services, rebates (cash back), additional warranties, travel accident insurance, etc. What are ways to establish good credit? Paying bills on time, paying loans on time, having a longer history of using credit, etc. What are ways to establish bad credit? Not paying bills on time, choosing minimum payments, taking out loans for things that aren't necessities, etc. Why should you comparison shop for a credit card? Cards have different incentives and interest rates.