A positive reason for using a credit card to finance purchases is:
Building Credit History: Using a credit card responsibly and making timely payments can contribute to building a positive credit history. A good credit history is crucial for various financial transactions, including applying for loans or mortgages. By demonstrating responsible credit usage, such as paying bills on time and maintaining a low credit utilization ratio, you can improve your credit score over time. A higher credit score can lead to better interest rates and increased eligibility for loans in the future, potentially saving you money.
