Credit Cards. Day 1. UTION CAUTION CAUTIO. Credit cards have VERY HIGH interest rates. Avoiding Credit Card Trouble. Use only one credit card. It’s easy to lose track of your debt with more than one. If possible, pay off your balance each month in full.
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Use only one credit card. It’s easy to lose
track of your debt with more than one.
If possible, pay off your balance each
month in full
Compare APR and annual fees before you
sign up for a credit card.
Watch out for “teaser rates.” Low for a bit
of time and then very high.
Never use credit cards for cash advances,
there are higher rates.
If you are in a deepening financial hole,
consult a financial advisor.
www. nfcc.org – National Foundation for
How much will his monthly payment
need to be?