CREDIT CARD “Pros and Cons about Credit Card”

OUR GROUP

1. Ari Rizkia2. Dicka K.3. Irkham F.4. Krisna F.5. Nurul Fajri6. Zahra Fattah

DID YOU KNOW?

Credit cards are no longer a rare item again now. Look at

everyone who shopped to major malls, many of them often use

credit cards as means of payment. Credit card payments are the

tools that are prevalent in some of our communities and even

credit card trend is already a way of life. Credit cards even

provide additional opportunities for consumers to get the ease

of the user in both the transaction and the payment scheme can

be repaid.

ACTUALLY, WHAT IS A CREDIT CARD?

According to the Expert Dictionary is defined:

“Card issued by the bank and the like to allow the

bearer to purchase items needed by debt.”

HOW TO MAKE A CREDIT CARD

To make a credit card too, is quite easy, you

just need to come to the bank, meet with

customer service, then you just wait a few

days and your credit card can be used. Pretty

simple and easy is not it?

SO WHAT ARE THE ADVANTAGES OF CREDIT CARDS?

1. Credit cards can be used to facilitate the payment so that we do not need to bother carrying cash.

2. Credit cards can be used to collect all forms of expenditure in the bill so that the time that we can spend more efficiently. Even some credit cards that have the facility to pay for routine expenses, such as telephone bills, electricity bills, and water bills.

3. Credit cards can also be used to record our expenses on a regular basis making it easier for us to manage the family finances.

4. Credit cards can also be used to save our expenses, such as hotel room discounts, dining discounts at restaurants, or shopping discounts.

5. No need to carry cash everywhere who would harm us.

6. Expenditures will be listed clearly in a checking account can be used for cross checking at home at the end of the month.

7. A credit card gives health insurance services,travel, theft, or damage to the goods purchased with the card (to be discussed at the bank at the time of the transaction).

8. Ownership international credit cards facilitate your trip abroad.9. At the bank, the consumer may have additional cards for your

spouse or child (for a single account), either the card is identical to the true identity and the pin number of the same or different additional card numbers and the true identity of his pin number.

10. Can conduct transactions via the Internet (be careful in choosing the website).

HOWEVER, CREDIT CARDS ALSO HAVE

SOME DISADVANTAGES THAT NEED TO BE

CONSIDERED1. When business transactions conducted on the internet, so if the seller

is dishonest, card holders will receive payment from the bank concerned, but he did not send the items we order.

2. If we need money or want to spend more than ability, we can still use the card, but that is often overlooked by consumers is the percentage of consumer credit interest rates are very high.

3. Exchange value of money is determined by the issuing bank, so the bank is sometimes rather arbitrarily giving an average daily value of the exchange of money.

5. Not to deal with debt collectors who often used by the Bank in Indonesia to collect the debt. It could be any household will be taken at the time of billing.

6. At the time of taking cash from an ATM, the fee charged is directly capture the amount of about 30 to 40 thousand (depending on the institution publisher).

7. Administrative burden and interest expenses are too high if done at an ATM withdrawal.

8. Payments per year which is quite expensive, including the additional payment for taking money out of the country, including internet transactions on websites abroad.

RECOMMENDATION

After observing the advantages

and disadvantages of credit cards, we

as consumers are expected to

investigate thoroughly before making a

decision to have a credit card. Do not

get the advantages possessed by the

credit card offer gives even disastrous

in the future. It is expected also that

consumers may be wise in the use of

the credit card function itself

“SAVE YOUR MONEY AND GET OUT OF DEBT”

TODAYS VOCABULIARIESWord Type Means

OverseasPurchaseUnexpected

MercandiseDetrimentConvenienceDisadvantagesContinouslyCarryFavorable

AdjN

Adj

NNNN

AdjV

Adj

Luar negeri, seberang lautPembelianTidak diduga-duga, disangka-sangkaBarang daganganKerusakan, kerugianAlat yg menyenangkan hidupKeadaan yg merugikanDengan terus-menerusMembawa, mengangkatBaik, menguntungkan

Word Type Mean

LenderAcquireBankruptciesInvolveCardholderAdvanceAuthorizedLureLoanSwiftly

NAdv

NVNVVNN

Adv/Adj

PeminjamMemperoleh, mendapatkanKebangkrutanMemerlukanPemegang/pemilik kartuMemajukanMenyetujui secara resmiBujukan/umpanPinjamanDengan cepat/cepat