When Does It Make Sense to Finance Big Purchases Using a Credit Card?

·3 min read
When Does It Make Sense to Finance Big Purchases Using a Credit Card?

Credit cards are notorious for having high interest rates. If you do have to finance something that you can't pay for all at once, other types of debt such as personal loans could be a cheaper alternative. Since personal loans have lower interest rates, they should be considered over a credit card in most circumstances.

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