Credit cards can be good for your credit score or they can be bad for it, it all depends on how you’re using them. If you max your cards and then never pay them they are going to cause you all sorts of credit and debt issues. If you’re only making minimum payments on them you could be paying more than you intended for your shopping trips.

When it comes to being smarter with your credit cards it really revolves around paying for your purchase. You want to also watch where you spend and what you spend on. Try to find cards with good APR and interest rates, and you’ll at least be saving some money. [Read more…]