# Professor Lawrence White discusses the risks of unsecured credit cards for consumers

1 Faculty News February 22, 2018 ![WalletHub logo](/sites/default/files/styles/246w/public/assets/images/con_046689.jpg?itok=64YeKxvQ)>

Excerpt from [WalletHub](https://wallethub.com/credit-cards/bad-credit-unsecured/#Lawrence_J._White) -- "If someone desperately needs credit, then an unsecured credit card may make sense; but the risks are that he/she will find repayment difficult, and then will face mounting late fees and penalties, which can greatly increase the debt burden. Further, he/she ought to explore other (potentially lower-cost) possibilities, such as borrowing from a credit union -- or even borrowing from friends or family. If he/she does use the credit card, focusing on repayment as soon as possible can help reduce the burden of those fees and penalties."

[Read more](https://wallethub.com/credit-cards/bad-credit-unsecured/#Lawrence_J._White)