Credit Card Dangers

My credit card bill came today. It was obvious when I looked at the statement that my check had not arrived on time. I was charged twenty five dollars for a late fee. In addition to the late fee, I was charged an extra twenty five dollars because the late fee put me over my credit limit. Developing a monthly budget, and sticking to it, will save you money each month. Keeping track of the money you spend each month on expenses and entertainment will help you curb spending urges and will eliminate credit card hassles. Using credit cards to purchases items are convenient but have become costly and dangerous.
Credit card companies entice you to spend, but read the fine print. They usually offer low introductory rates, but the actual rates are applied after a certain time period. A card with an introductory rate of six percent may be appealing to anyone thinking of applying for a credit card. After the introductory rate period has expired, the interest rates on purchases you h...