Is there a catch with "No Pre-set Limit" credit cards?
They lure you in, so you feel like you have a lot of credit but then you continue to pay the interest, alomost forever.
Just to attract cutomers and many be regretting it.
Credit card industry often takes advantage of those in need. There is no financial literacy or education available in our schools. We should empower and educate at early age preferably in schools.
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