10 Reasons to Avoid Credit Cards

Credit cards get a lot of bad press for good reason: They come with a lot of pitfalls that need to be avoided. But while avoiding credit card debt seems easy on the surface, it can be quite difficult.

The main problem is that credit card companies make their money when you make financial mistakes with your credit card and thus encourage you to fall into debt.

The other day, I gave you 10 reasons why you need credit cards. Today, here are 10 reasons why credit cards can be detrimental to your financial health, and why you may want to avoid them: ...