By Ralph Decker

 There are some very important things to remember when using credit cards. You should never spend more on them then you can afford to pay with your next payment. If your going to pay a $200 payment you should try to keep spending under $200. More like $150 to keep room for interest. If you need to make a large purchase thats an emergency, you should increase your normal payment. Never pay just the minimum and never max it out. The less credit you have available the more its going to effect your credit score even if you have never been late.

Also never cancel or close a credit card account. If you don’t want it any longer just put it away and forget about it eventually the inactivity on the account will most likely have the credit card company close it. Which shouldn’t effect your credit score.

If credit is the only way you can purchase you shouldn’t be purchasing unless its a complete emergency. Always use cash first if available. I know in these times people are credit hungry and lack of cash is making them use credit more and more. If you are allready deeply in debt call the credit card company’s and try to get your interest lowered.

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