Just about everyone has a credit card (or two or three or a grand collection), so what kind of experiences, good or bad, have you encountered with your credit card?
We have often heard or read about people running up excessive debt on their Credit Cards and a host of other negatives. At one time, a minimum payable amount of 20% of the outstanding balance was imposed but that was amended down to 10%. The Malaysian government felt 20% would be too taxing to the common folk. Whether it's 20% or 10%, both these have their pros and cons, of course.
Credit card security also poses a problem as credit card fraud seems to be widespread. At the same time, credit cards can make life extremely easy and convenient and many people earn nice rewards each time they use their credit cards. Do you have any interesting story to share on your credit card experience?
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