Quote Originally Posted by Glenski View Post
1. Being able to buy something and pay in installments.
2. Not having to have cash on you (dangerous).
3. Not having to risk ATM bandits.
4. Credit rating for loans.
5. Ties to frequent flyer mileage or other perks.
Aren't 1. and 4. the cause of greed which they must learn from the present economic turmoil? The credit rating may be a fair system, but isn't it slightly unfair that you need to borrow money or hugely spend above your income to earn it?