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What's Up In Finance?
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Why do banks lend out so much money? Mostly, because it makes them more money... you don't think they would give it out for free, do you?

Using a credit card can be convenient, but it can also cause problems. It is very easy to buy items using a credit card, even if you don't have enough cash on hand to cover the purchase. You can buy a trip to Hawaii and not have to worry about the price tag until later. But ultimately, you will have to pay for the purchases you make, along with the interest on those purchases. Unfortunately, many people use credit cards to buy things they cannot otherwise afford, and create mountains of debt.

Remember: Any charges you make to a credit card must eventually be repaid. Watch out for credit card debt!

Credit Card Primer Case Files Choosing and Using a Credit Card