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Credit Card Holders as well Defaults are Increasing.

Recent News Highlights This issue.
Read This.

https://indianexpress.com/article/b...in-fy22-23-up-30-5-yoy-at-rs-4073-cr-8842757/

Due to Social networking Spread of Credit Card info and Reward attractions more and more peoples applying it now.

But rewards is one side of Credit card there is other side of being default and loosing on interest penalty and impacting credit score is underestimated by peopls.

Most of Social media content heavily depict only rewards and benefits of credit card.

What is Community Members Opinion on this news?
 
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