Just for fun! What happens if the usage of CCs banned in India from tonight!
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Cc users bankrupt ??
my outstanding of all ccs are approx. 4L.. so 4L profit
Type error ?
It should be 40L
I dont get the negative outlook towards cc. If the cc is LTF I dont think there should be any problem as long as u fulfill one and only one condition ie you are of sound financial mind (which translates to knowing ur spend limits and being aware of ur finances at any time). If you are an impulsive buyer cc is a big no no.
Now the pros:
1. CC earn u reward points(some dc do too but cc in general are more rewarding) , hence extra money/ rewards for ur spends
2. Since u spend from CC, ur bank balance stays there for the month, earning u interest till u have to pay cc bill
3. You improve ur cibil score with timely bill payments
4. Can purchase items at EMIs/No-cost EMIs without burdening ur wallet
Please don’t even think of such thing to happen
Criminal cases will too increase
Card Demonetization
another zabardast master stroke…. No CC No Drugs….
Mitron…… Aaj Raat Baara Baje Se………. FlipKart / Amazon Etc Pe CC khel Khatam……
8 November aane wali hai..
We would be using CC , provided by Nepal Bank , or The people bank Chine
oooooo shaabzeeee humara card use karo…. cashback milega humara dhanda chalega…..
My monthly rewards of 3-4k will be gone then
Bro, you need to make a post on cc … and how to make good use of it .. would love to read how you get 4k rewards each month
What is full form of cc
customer care
Keeping All thing aside
Modiji – Aaj Madhya Ratri, yani 24 sept, 12 baje se vartaman me jaari saare visa and mastercard ban ho rahe. Visa and Mastercard legal tender nahi renhenge
This speech will be iconic
acha hai….ban hone se 1 din pehle bta dena…mast swipe krunga
@ramadesidime
yeah…me too…
But I am afraid that would be one time benefit, it will be like killing the golden egg duck/goose.
edited.
1)More than 50% of CC users will bankrupt.
2)Half of the dimers will go into depression mode.
3)Az/Fk and other online platforms will go into losses.