Common Sense With Credit Cards

Credit cards can be your best friend or your worst enemy. Used wisely, credit cards can offer you a convenient alternative to paying cash, as well as contributing positively to your credit history. Used foolishly, credit cards can leave you with mountains of debt, and send you into a downward spiral towards financial ruin. With the potential hazards involved, it's no wonder that some choose to conclude that credit cards are "evil". But are they really? Not when you use a bit of common sense.

Sunday, February 17, 2008

Fwd: [Common Sense With Credit Cards] Closing credit cards may or may not affect c...

Closing credit cards may or may not affect credit score

Register-Guard - Answer: Closing out your card accounts probably will lower your credit score temporarily. But if whittling down your stack of credit cards means you'll be better about spending within your means, don't let that small blip stop you. Paying your ...

Link - Sun, 17 Feb 2008 17:31:00 GMT - Feed (1 subs)

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Posted By Keith Adams to Common Sense With Credit Cards at 2/17/2008 06:40:00 PM