5 Questions Every First Time Credit Card Buyer Should Ask
Is there any problem?: No, you won’t see any major problem arising if you are wise enough to control unnecessary spending. The major risk is when you spend carelessly with your credit card and cannot afford to pay back the amount on time. If you can’t pay off the balance of your card, you will be taken to court by the credit card company and if a court order comes against you, you will in trouble to find another loan or credit card at a later point.
The best solution is this case is to stop overspending; paying your pending bills as quick as possible.
Are there any hidden charges?: Not exactly. But, if you carefully read the statement papers given along the credit card, you will get to know about the charges. But this rarely happens. The fixed rate at the time of purchasing credit card may be minimal and attractive, but later the rates can be changed depending on the company’s policy. The late fee is another way for charging the credit card users. The later you pay your debts, the more it will rise.
28,000-Level On Weak Global Cues
