Credit cards can be extremely useful. For instance many of us use credit cards to buy books, pay tuition, and establish good credit.
Most consumers misuse their credit cards and experience financial hardship.
Too much debt can send most people to the poorhouse. We all hope it will never happen to us, but we all can t be so lucky. One student at Sacramento State University had to learn the hard way. Jackie Cofper wishes she had listen to all those people who warned her about the dangers of credit cards. Sure we ve all heard it, don t use them except for an emergency, only have one, and only purchase what you can afford to pay for each month.