If you ever want to start an argument in a financial forum, all you have to do is bring up the topic of credit cards. It seems that everyone either loves them or hates them.
Some financial gurus, most notably Dave Ramsey, see credit cards as pure evil. Ramsey states that “responsible credit card use does not exist,” and maintains that there is simply no good reason for anyone to use one, ever. But others, such as Jeffrey Strain of the investing site The Street, argue just as passionately in their favor. Strain calls credit cards “an excellent financial tool” on account of their convenience and the protections they offer consumers.