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RE: Credit card - a great helpful thing and a destroyer of one's financial health as well.
Credits or loans of any sort should basically be used to generate more money. If credit is taken for pleasures, and not for business - sooner or later there tends to be a problem. Thanks for sharing!
You are absolutely right dear. Lots of people take loan for enjoyment and then fall in a trap. On the other hand rich take loan in the name of business and deliberately defaults on loan repayment to banks.