Credit ReportCredit Costs You Money

The benefits of having a credit card include being able to make large purchases if you don’t have immediate cash, a sense of security in case of extreme emergencies and worldwide convenience and acceptance.

The disadvantages include the fact that you pay much more for an item if you can’t pay off your balance immediately. A few tips if you do decide to use your credit cards include using a two card credit system: use the card with the lower interest rate to buy big purchases because it may take you over a month to pay it off. Use the card with the higher interest rates for smaller purchases you know you can pay off. Most importantly, pay the entire bill on every credit card every month.


Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years. 

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