Things To Think About Before Using Your Credit Card:


Don’t Run Up The Bill with A Temporary Interest Rate: Money borrowed during a temporary rate period of 6 percent is likely to be paid back at a much higher permanent rate of 15 percent or more. Also be careful about juggling cards to take advantage of teaser interest rates and balance transfer options. Remember that all teaser rate offers are designed to get you locked into the higher rate for the long term, because that is how the lender makes the most money.

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