| Credit
card debt is the most pervasive form of debt in society today. Almost everyone
has credit card debt.
 | |
Credit cards are easy to get. You get application forms in the mail almost every
day, and when you walk into many stores the first person to great you is the person
handing out the credit card applications! It's no
secret why banks and retailers want you to have their credit card. Credit cards
carry a very high rate of interest compared to mortgages and standard bank loans,
so the profits for the credit card issuers are very high. | Since
credit cards are easy to get, and easy to use, it's no wonder that many of us
get into problems with our credit cards.
|
|
|
In this section of the web site
we discuss numerous aspects of credit cards, but there is one golden rule of credit
cards: |
Credit cards should be a substitute for cash, not a form of borrowing.
There is nothing wrong with using a credit card (you probably don't want to carry
a wad of cash with you to the store), but never spend more on your credit card
than you can pay off at the end of the month. For more information, please
read our articles on credit card debt: Low
Apr Credit Card Travel
Reward Credit Card O
Apr Credit Card Chase
Credit Card Eliminate
Credit Card Debt Online
Credit Card Approval Credit
Card Consolidation For more information, search our site or the web:
| 
.gif){kind=spacer}
