What are the risks and benefits of credit card borrowing?

I have to write this essay i have to discuss the benefits and risk of credit card borrowing but i can't think of anything can someone help me out here?

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One Answer to “What are the risks and benefits of credit card borrowing?”

  1. newlandite says:

    In my credit history there have been no risks. As far as benefits I’d say ,the convenience of not carrying cash. And not having to bother with receipts, since I get a monthly summary. And then there are the discounts on purchases only credit card users get. and the cash back offers. The free travel insurance and being able to rent a car anywhere, anytime. Just to name a few.