[forestgreen76]

Because it builds credit, and most credit cards these days have points/cash back programs, the caveat being you have to be very diligent about budgeting and ensure you pay the balance off in full every month.

The problem is, most people don't do that.

[bluGill]

40% do pay off every month. Not a majority but still a large number. We don't have numbers for those who normally pay them off but once in a while miss - that might be significant.