Why Are Credit Cards Important

Decent Essays
Credit cards are tricky and tempting, especially for students who live on a tight budget. Good credit is crucial when making big purchases in life such as: buying a house/car. It is important for students to know how to use credit cards the right way in order to prevent them from having bad credit ratings. To take charge of your credit, individuals must pay off the balance each month, check statements regularly, and limit to using only one credit card. I believe paying off the entire balance on your credit card every month is very important. Ensure that your bank allows a limit no more than $1000. Often students believe that paying off the minimum amount for the month is sufficient. However, many do not realize that the bank starts charging

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