Credit, how would i Use it.

The word credit comes from Latin, meaning "trust".

Credit has been around for ages and is a part of my everyday live. I suppose the reason I buy on credit varies, but without it most of us would probably never be able to purchase necessities such as a home or automobile. “The nation's economy depends on credit, the promise to pay later for goods and services used today.” Along with consumer credit comes consumer debt. With the rise in telemarketing and commercializing here in Canada it is no wonder why I as consumer feel the impulse to buy now, pay later.
I was given a credit card when I was 18 years old and wanted it to establish myself in order to have a credit history. I believe I have used my credit card to buy things that I couldn’t afford at the time but felt I would be able to afford at a later date not far down the road. Should my parents not have been able to pay for my college tuition and books I too would have had to take out a loan of some sort to p...