Do you also use a credit card, if yes, for what purpose? In a survey of Money 9, many shocking things have come to the fore. read here
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Money9: If you have to take a loan to buy ration for the house, to fill oil in the vehicle or to pay the fees of the children, then you will not understand the economic condition of such a family. And if you do all this work with a credit card, then no one will raise any questions. But there is not much difference between doing all this work by taking a loan and such purchases with credit and most of the people who have credit cards in the country use them for all these works.
7 percent people use credit card
Money 9’s Personal Finance Survey has revealed that about 7 percent of the households in the country use credit cards. Among card holders, 50 percent people use it to buy groceries, 47 percent to fill oil in their vehicle, 38 percent to buy clothes and 33 percent to pay children’s fees or pay electricity and water bills.
Apart from this, credit cards are also used for buying tickets, buying fridge or TV for home and even repaying loan installments.
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