BANGALORE: Credit cards seem to pose as a rescue for all financial problems at a constraint time when really needed. It does act as quick money and a relief at urgent situations. The thing though about them is the kind of benefit credit card companies can reap if the card is used carelessly. There are certain things to be aware when using a credit card.

Borrow less, payback fast: The idea to not land up with huge debts from the use of credit cards is to borrow less. It is always better to use the card to pay for something when you are sure that you can repay the purchase amount. Let your card always be at a 0 per cent credit.

Use your card only if you are going to pay back the amount quickly, else you will land up with a huge debt that will last for years.

Influence your card limit: Many credit card companies may not voice out this possibility where you can limit the spending on your card, but when you do call up the company, they are more than willing to assist you with it.

Two things i.e. the income amount and the credit score influence credit limits. The former allows lenders to see how much you can be charged and the latter is to show how capable you are to pay it back.