interesting video- the other side of CCs

[Zacobite]

 

[VasukiVasuki is verified member.]

Thats true everywhere.
If you use wisely you enriched benefits.

Its clear for Rich/ Knowledgeable person its called Loan

For poor/ Netted hand people it's called - Karz ( uddhar ) 😅

 

[knight]

Contrary to the title, there is no other side
This is the only truth about credit cards. Either you use them responsibly and quietly benefit from the rewards. Or you make mistakes and end up in a debt trap.
The same is true for any other lending instrument like BNPL, no-cost EMI, or even PL.

The video is great for someone who is starting their credit card journey and isn't completely aware of the risks.