By Martin Lewis, March 11, 2010
I love credit cards. Without a doubt, done right, credit cards are the best way to spend. Unless there is no choice, I leave my debit card, cheques and cash firmly in my pocket and bring out the plastic whenever I want to pay.
Don't get me wrong, plastic can be pernicious but, used well, credit cards can make your life easier and cheaper. People often confuse credit cards with debt. But a credit card is simply a way to pay for goods which has an optional borrowing facility. It is this optional extra that is the problem, not the card itself.