What are two consequences of using a credit card?

Okay, so, credit cards, right? They can be super helpful, like that time I totally needed new tires for my car and didn’t have the cash on hand. But there are definitely downsides, and it’s easy to get tripped up if you’re not careful. Two biggies that come to mind?

First off, fees. I mean, seriously, some cards have these crazy annual fees. It’s like they’re charging you just for the privilege of using their plastic! And don’t even get me started on cash advance fees. Those can be brutal. Like, what’s the point of even having a credit card if they’re gonna hit you with a huge fee every time you need some actual cash?

And then, the other big one – interest. This is the real killer. I remember this friend of mine, she got into some real trouble with credit card interest. She was using it for everything, you know, thinking she’d pay it off later. But then life happened, unexpected expenses and stuff, and suddenly she was drowning in interest payments. It completely wiped out any rewards she was getting and, honestly, it was scary to watch. It can make even a small balance snowball into something monstrous, right? So, yeah, interest is definitely something to watch out for. High interest rates? Run the other way!