Let’s face it, in today’s society, people can use all the education possible on how to manage credit cards responsibly. Credit cards are a huge liability that can wreak havoc on your finances. Continue reading to find excellent tips on using charge cards.
Watch for new cards that offer a signing-up bonus if you are looking to add a credit card to you wallet. Read the fine print before signing up however, because there are often many ways you could be disqualified from the bonus. A common requirement is to spend enough on the card within a short period of time. Only apply for the card if you expect to meet the level of spending needed to get the bonus.
Make sure you know your interest rate. You simply must understand the interest charges your card will bring before you agree to accept a credit card.
Don’t use bank cards to buy items that you can’t afford. Just because you … Read the rest