Credit Card Tutorials

Using Credit Cards To Achieve Debt Relief

We are seduced almost everyday by ads promising a low-interest and even no-interest credit card. Running up debt and then “charging it” — is a typical American way of life, some people even feel almost unpatriotic if they don’t have a credit card, as a significant percentage of US economy is run by consumer debts. We continuously get solicitations in our inbox telling us that we are pre-approved for thousands of dollars worth of credit card package. We see TV spots urging us to purchase a houseful of furniture and appliances with no interest for a one-year credit, or a brand new car with “low interest and no money down”. Sometimes you are allowed to skip the payments for a few months. (more…)