Tag: credit card

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The prudent use of credit cards will contribute immensely to a stable financial situation. Although a debit card or cash works fine for several transactions, there are several situations where a big problem can be caused by not using a credit card. In addition: A big contributing factor to your loan ranking is how you use your credit cards, whether good or poor. On future credit cards, car loans, mortgages and more, your credit score dictates your ability to obtain better interest rates. How Credit Cards Works A credit card account is legally a revolving [more]