Advantages to borrow

"Gearing" which means that a person, a partner or a company can buy goods and services through debt which has not been able to acquire their regular income.

Better use of personal finances and / or business, which can be seen, among other things, when real interest rates are negative. Ie, inflation exceeds interest rates offered by banks on savings instruments, therefore, it is better for people to buy goods and services through debt and then save it where you buy the full effect.

Support for emergencies, although not ideal, a credit card can help to overcome an emergency, whether that of medical or other reasons. Even to pay for important things like education of the debtor or another family member.

Using credit cards for travel: All travelers know that when renting a car, take a cruise in the Caribbean or a hotel to pay (among other things), always required a credit card customer, so therefore, they are of the utmost importance when traveling.

Debts are not revalued In countries with recurrent high inflation, as is the typical case of Venezuela, debt has an additional advantage is that debts are not revalued but remain constant. Example: You buy a car in Venezuela and within a year this car will be worth more than you paid to buy it. You buy an apartment in Venezuela and one years in that apartment would be worth more than you paid to buy it. Wages and salaries, but do not increase in the size you want, usually have an adjustment year, although decreed by the central government. But a debt remains constant over time, ie, if you borrowed U.S. $ 10,000, this sum will not grow over time. Therefore, taking into account that there is a principle of finance which states that "it is better today than $ 1 $ 1 tomorrow," intuitively, we can imagine that as time passes, it becomes easier or less heavy for the fact the debtor to pay a specified debt.

Create a positive endorsement from financial institutions. The way you pay your credit cards is a wonderful endorsement for the banks when you want to borrow larger amounts, such as car loans or mortgages.

The debts are the buyer to share the purchase with a creditor does not agree with more gain in profitability of the property purchased. Example: suppose you want to buy an apartment for rent, if you do, then you're buying the property with money from two entities, you and the company or financial institution that gives credit. But all gains and rental income will join his pocket as a whole.