Please Restrict Your Credit Card Ownership
I believe, certainly you have at least two cards in your wallet, an ATM card and one credit card. Even so the collection can be your credit card more than one. The reason is, credit card is more credible.Or the existence of credit cards is just to guard if you do not have cash.Do you know that actually have a credit card is not always profitable. Many people stuck in debt because of credit card. This generally occurs in people who have a credit card more than one.
This must be remembered, credit card is not more money. Unfortunately, we often feel rich because number of credit cards from reputable banks in a row of our wallet. credit card limit makes us feel great have more cash.
In fact the limit that given is not free. Once you scrub your credit card, then you have the obligation to return the money that is used. If you are not able to pay in full by credit card, then the remaining debt will get interest rate too. burden of it’s Interest rate usually not small. Be careful, because it can make stuck in debt problem
Indeed, credit cards have become the icon for middle-class people in big cities. Unfortunately, many do not understand about credit card wisely. As a result, not less revenue each month to pay out some interest rate of their credit card.
There are some suggestions that you can apply in order to remain safe from the use of excessive credit card.
1. You must be discipline in the credit card. Credit cards should only be used if it has been in the family finances. This means you are using credit cards instead of cash surplus with the deadline.
2. You can also use credit cards for routine expenses such as transfer pay telephone, electricity, phone, and others. But keep in mind that this is only way to make it easier to pay your bills through one door.
3. Never take the cash through the ATM with a credit card. Not only because of the interest charged, but also the costs and the application of interest rates directly. Except in an emergency and need cash quickly.
4. When paying bills per month, should not only pay the installment Minimun. The burden of interest rates per month could reach 3.5 percent. With the calculation of interest-bearing credit card debt then you feel like there is no utmost.
5. Restrict credit card ownership, maximum are three units. You better make a credit card with a ceiling that has a lot greater than the card limit is actually not large. Besides will not make occupied, but also reduce the risk you have debts everywhere.