Why am i addicted to credit card? A mid-aged man tell you his story

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Today I am going to recommend a safe credit loan app for everyone, i.e., YeLo.

Internet loan information is confusing, and YeLo is unique because it integrates various loan information, achieves functional integration and applies for the credit card online. But before I introduce this application, I have something to say.

Yelo app is an application from any user can apply for the credit card, instant cash loan.

There is a question that, why do you want to use a credit card?

Because you are not as productive as a landlord.

My story

I applied for my first credit card in 2013. At that time I was retired for more than three years. The only reason I did this is my marrying daughter, and I did not have the money to arrange her marriage. I was agitated. Later, my colleague reminded me that I could go through a marriage loan, which is better than selling my house.

So I called bank’s in next day, their customer executive was on the phone with me, telling me why I should Choose marriage loan, it is best and all. I became so confused and so much troubled with terms like reward points and fees. And I hung up on them.

I would do everything, I wouldn’t have to sell my house, but it seemed all difficult.  Then I found out the Yelo Credit Card App. I can only say that this is not the Best Credit Cards App of this year but the most useful ones. An App which provides every information related to cards in a simple banner and I got the map which gives me more Credit money and comes with fewer bank charges, most suitable for the situation I faced.

And all my problem solved.  Now, I could arrange my daughter’s marriage without any tension, because the most headache — money problem solved.

YeLo app is highlighted every information related to cards. I was able to choose which Credit card I want, see all the offers on it, how much fees and the interest rate they charge after the interest-free period. And which card should you choose for your situation? It was effortless, full of so many instructions. I applied for a Credit card in just 1 hour the bank side receives it, which saved a lot of hesitation time.  

Credit Cards is an Opportunity for the Poor

Writing this article has been under my consideration that you might think it is an advertisement for banks and YeLo credit card app. It is 100% true. Most people have not yet formed a mature financial management concept, which is indeed worse than in foreign countries. Among my friends, very few people make forms for the financial debt. I have never studied in a finance university, and I was just pushed by life.

The reason why I have such massive changes, I found that people who are familiar with credit cards have different financial logic than ordinary people, which has affected my view of finance: money is a number and also a resource. I understood that between pure consumption list is different from using money in the right way.

You are just a beginner when you use a credit card as a consuming card. The critical point is to recognize that credit cards are an opportunity for the poor. People who don’t borrow money have obstacles in doing things (of course, people who are abusing money has more obstacles in doing things).

When you always borrow money, you can build relationships with the bank.

Most people in India are not Tier 1. Their deposits are also minimal. Especially those who have just graduated or even in college are a bit awkward. The savings of your parents are not yours. It can be said accurately that they have their account and your name is not there. Your only relation with the bank is your reduced salary or part-time wages.

There is not enough relationship (time or intensity) with the bank, and it is difficult for ordinary people to borrow money from the bank.

A friend I know from the last two years, worked in light retails filed, owning a small shop for three years and it was closed finally. Then he joined a company, after three to five years of work, he applied for his cash loan online in 2012. In 2016, his credit money was still ₹50,000.

 In totally 12 years he has ₹50,000 relation with the bank! He wanted to make Best Small Business Credit Cards, other banks the bank rejected him because his credit score is low. No saving, no social security, and contracts, even no credit card. Proof of asset repayment ability proves that his social credit is meager. What he did before was in vain. In society, people have accumulated four things: experience, interpersonal relationships, economic gains, and social credit.

Last  suggestion

Maybe you don’t want to borrow money, but sometimes life pushes you to take a step. And, sometimes chances come, but you don’t have such social credit to seize the opportunity, that is so pitiful.

If you are willing to find out, you can check credit card information of  Yelo. If you think, you download an app wastes time. You can also visit the simple web version of YeLo and check All Credit Card Offers of the year.

Even you are hesitated to apply for a credit card, cash loan home credit or not, you can quickly check the credit information of each bank there, and so many free financial suggestions are there, cash loan, personal loans, the business card also offers available on it.

For example, do you know by which credit cards you can get 20% cashback today? To know more, please click here!


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