Bangalore: Having multiple credit cards shouldn’t be a cause of your worries unless you know how to manage them. If a credit card can free you from cash handling tension whenever you are out for shopping then it can also put you in the danger of debt trap. Owning credit can turn more convenient if you follow what Salil Dhawan, from Investment-mantra.in has said about the issue.

Ability to manage credit cards

When you have credit cards, you need to make sure that its payment is done timely and in full every month. On-time payments will help you raise or maintain a good credit scores. You should have the ability to track your credit cards, including payment due dates, interest rates, fees, and charges you've made. Most important avoid swiping your credit card for purchasing things priced above your budget if not you will face difficulties in paying off its charges in full when your credit card payment date becomes due.

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