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How to use credit cards without falling into the debt trap - Vimarsana News

How to use credit cards without falling into the debt trap

Rolling over the balance without cutting down on expenses can cause debt to spiral

How UAE residents tackle overuse of credit cards during COVID-19 - Vimarsana News

How UAE residents tackle overuse of credit cards during COVID-19

Dubai: The pandemic situation is majorly reshaping people's habits, shifting many individuals to online shopping platforms and using digital payment methods to cater to their lifestyle needs. It is majorly influencing the reliance on credit cards to facilitate most payments. Even for the physical point-of-sale transactions, people now prefer to make purchases without exchanging any cash due to the COVID-19 situation. Tracking expenses is vital during COVID-19 Indian businessman Amit Vardhan, 51, uses just one credit card for most of his purchases and utility bills payments. The COVID-19 situa...