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Credit Cards Do's & Don'ts

 

 

 

Shop around

 

  • Look at various sources

 

Read and understand the contract

 

  • Read the contract carefully

 

  • Don't rush into signing anything

 

  • Once a contract is signed, get a copy of it.

 

  • Know the penalties for missed payments.

 

Know your cost

 

  • Figure out total price when paying with credit.

 

  • Make the largest payments possible.

 

  • Buy on installment credit only after you have evaluated all other possibilities.

 

  • Don't be misled into thinking small payments will be easy.

 

 

 

Source: choices & decisions

 

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