 TITLE: What Is Consumer Credit? CONTENT: Advantages of Consumer Credit\n-----------------------------\nConsumer credit could offer a number of advantages, depending on how you use it. They include:\n*   **Building your** **credit history**: If you establish a solid payment history for consumer credit accounts, including credit cards and personal loans, and otherwise handle credit responsibly, consumer credit can be a valuable tool for building your credit.\n*   **Boosting your** **credit score**: A positive history of making payments on credit cards, loans and other types of consumer credit can positively affect your credit score.\n*   **Providing** **perks and rewards****:** Consumer credit, particularly credit cards, can deliver goodies like airline miles, hotel points and cash back rewards.\n*   **Protecting you** **against fraud**: Credit cards provide all sorts of ways to protect yourself against fraud, such as contactless cards, virtual card numbers, card-locking capabilities and little to no cardholder liability for unauthorized purchases.\n*   **Reimbursing** **certain purchases:** Some credit card issuers reimburse you for purchases if you're not satisfied with an item you bought but the merchant won't accept a return. END