Top 10 Tips for Using Credit Wisely
By: MicKinzie Thiem
how to use credit wisely
- make sure you read the fine print, so you know what happens to interest rates if you fail to make payments
- don't use your credit card on everyday things
- get a free copy of your credit report and make sure its right
- use a debt card (or cash) instead of a credit card if you can
- pay off balances right away, do not wait
- don't spend more than 30% of your limit
- do not have more then one credit card
- always pick a card with rewards
- only us e your credit card if it is an emergency, and only if you know you can pay it off
- never go over your limit