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What you can do without a credit card
For many of us, credit is part of our lives these times. At £68, credit card debts are one of the most rapidly rising kinds of debts. 23 billion due to credit card borrowing as of March 2017. Sometimes the use of credit card seems unavoidable - but can you manage without it?
It is quite possible to lead one's own existence without a credit card. There are 5 million credit card accounts in the UK. One million debits in this world. For example, almost three fold more credit card debits are used in the UK than credit card debits. This means that if you want to live your lives without a credit card, you should have no problems with it.
What makes you think you can survive without a credit card? They may think that living without a credit card means just turning to real money, but that's not the case. Probably you need some kind of ePayment system and the credit card is a different kind of pet than the credit card.
A useful tip: Instead of a credit card "for emergencies", a pre-paid card should be financed. Periodic credit card payment can end up yielding a great amount of interest, so you seldom get a good business if you fulfill your commitments in this way. It is very easy to convert the payment you make periodically from a credit card to a acceptance giro.
Helpful tip: PayPal usually is at least as secure as a credit card and maybe even more so because merchants never see your real card information. So if the concept of life without a credit card gives you the feeling that you don't have a safe net, set up a serious saving scheme instead.
Much of the British people do not have enough deposits in the banks, so you will be doing yourself a big favor by setting aside your own cash. Saving is the best type of security net as they can't be blocked like a credit card and you don't have to repay anyone if you consume them.