No one likes to pay interest to their credit card company. That’s what makes the concept of interest free days so appealing — if you pay off your previous balance in full, you might get some interest free time to pay off new purchases. Awesome. But do you really understand how interest free days work? Do you know how many interest free days you really have on your purchases? read more..

One of the biggest concerns when it comes to credit cards is the fact that credit card convenience coupled with an available credit limit can make it easy for some consumers to overspend. This is how credit card debt happens. One of the best things you can do to avoid credit card debt is to stick to a personal budget. But can a budget really override the convenience of impulse purchases? And can credit cards themselves actually help with personal budgeting? They sure can! Let’s take a look at how. read more..

When you get a credit card, it can seem simple on the surface. After all you’re just getting a loan that’s easily accessible through your card. You pay back what you spend, and you’re charged an interest rate as you pay off the balance. Of course you know that credit cards are actually much more complicated than that. You have things like interest free days, balance transfers, cash advances, and rewards to think about. read more..

We talk a lot about what you can do with credit cards and how you can make their terms, perks, and special offers work for you. Today let’s look at the other side of credit card usage — things you should never do (or at least things most of us should never do). Take these tips as cautionary pointers to help you maintain your security and avoid potential financial problems.

Here are five things you should not do with credit cards: read more..

Being called a “deadbeat” can’t possibly be a good thing, right? Wrong. As a credit card customer, being referred to as a deadbeat is a great thing. It’s just not so great for the credit card company. Let’s take a look at what credit card companies refer to as deadbeat cardholders, and why you should want to be one. read more..