6 Tips to manage your credit card
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DecToday we will discuss some tips regarding the use of credit cards to spend no longer out of line with economic available at our disposal.
In my case I have to spend without considering in the future, the liquidity of cash with which story can be affected by now, I contracted debts, and everything because it makes one easy to pay without interest, to “small purchases” demanded that I pay much less but … … … …. the end result being several purchases that are transformed into a cuentonon.
After taking into account several tips from people with experience in the area of personal finance and implement them, I saw that somehow positively affect my financial health. Here I mention some that have worked:
a) Try not to have more than two credit cards. A payment of services and the other only for costs that may present emergency.
b) Consultation cards which have the lowest interest rate for financing, it may be that you are paying much more in use now.
c) Pay more than the minimum. That way you can settle faster capital and not only cover the interest and fees.
d) Taking into account the CAT (Costo Annual Total). This informs you that the real interest are paying your card (finance interests, commissions, annuities, etc.).
e) Do not let your payment expires. The late fee is very high.
f) If you are behind on payments, contact your bank and request an intuition negotiation.
This may be, from a restructuring of account to a considerable percentage discount if paid in one exhibit the total balance remaining in your account.
For this last point, we mention that you will need to make clear which are the terms to settle the account, since in some cases may occur in termination of your plastic and other institution that puts you in the credit bureau.
As time are simple practices that can take you to acquire better habits and less debt.
Have a good negotiation
