8 Common Credit Card Mistakes That You Must Avoid
By SiliconIndia
BANGALORE: The arrival of credit cards may have luxurised the lives of people, but it has also got hold of their lives. It is due to their sizable ignorance towards making their payments and managing it productively.
With an extended credit limit and feasible EMI’s, credit card is the apple of eye with our payments going in secure and insecure gateways quenching our shopping thirst. Governing our debts is more important than haranguing the card, some of the risks we face due to ill kept records of credit transactions. Payments and withdrawals are based on the CIBIL reports these days which may avail us to credit at good interest rates. So here are some ways in which people get themselves drowned and here are the methods to avoid those, reports Rediff.
Paying up to specified EMI limit
The sway of credit card is to make you pay amounts every month in respect to your scraping routine. But the truth lies that the credit card debt is something you really have to worry about. Paying it off as soon as you can by managing you financial takings may help you from declaring bankruptcy.
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