The benefits are: Credit cards have an interest-free period, which means you can spend in advance and pay back dozens of days later. During this period, the bank will waive interest. Consumers can generally enjoy an interest-free period of 50 to 60 days, which is equivalent to the bank lending consumers an interest-free loan of about 2 months. That is, we consume first and then repay, and the cash we have on hand can be used flexibly. This is also the most attractive part of credit cards.

The disadvantages are: many credit card holders will forget their due date of repayment, which will lead to the generation of high credit card interest. Once interest is generated, it is not cost-effective. In order to avoid this unnecessary loss. Strong dependence on credit cards leads to unnecessary impulsive consumption. People tend to buy luxury goods beyond their actual purchasing ability. In order to repay credit cards, they dare not give up their work, miss opportunities to try, and cannot store savings.