A big Thanks to Irresponsible Credit Card Users

[Micheal Jorden]

While these are measured of the same quality advice relative to a person's situation, but in this post, I am implementing a different approach to address that same issue of out of kilter usage of credit cards.

For this, I want to wholeheartedly thank those countless people who are responsible for sloppy usage of their card. Yes 핸드폰 소액결제, a big thanks to all of you.

These people are helping credit card enterprises to fill their pockets with huge profits, or else we might "All" be obligated to paying higher interest rates and annual fees. Our favorites, like airline miles or cash return rebates, would be virtually imaginary.

By saying thanks to you again, I am literally pointing towards the fact that how serious I am in doing so! Let's see what I actually mean by this.

Getting What you Cannot Push Down Your Tonsils

A plethora of people consider their credit cards as a key to an extensive bank account. Don't have money in the bank for dining out with friends or buying new shoes? No problem! Here's the credit card!

The main problem is that this situation allows you to get overly enthusiastic, and out of no place, you are pursuing the approach to life you dream of. Then once you are all synced into that lifestyle, you keep it maintained even if it means gathering debt on your credit card.


Before you even realize it, there's this huge credit card balance standing right in front of your face that you cannot pay off. The high-interest rates of credit cards make it even more catastrophic.

Making The Minimum Payment Your best Friend

For one reason or another, some people appear to think that it is perfectly fine if they are paying the minimum payment on their cards. Miraculously, they are capable enough to ignore that how much interest they will need to pay by only upgrading the minimum payment.

The minimum payment isn't your friend in need. It is particularly designed to make you carry on the use of your credit card. So, the longer you would take to make things straight with that balance, the more you would be paying in interest. You are basically paying a more achieable price for what you may swipe your credit card for.

Taking care of the Habit of making Late Payments

This is the height of irresponsibility and it can definitely make you kneel before your particular predicament later. Virtually every credit card issuer charges a heavy late payment fee in case you don't pay the monthly repaymants. So, only by taking a rain check on that payment, you could be literally making yourself to pay a more achieable fee than the monthly interest.

It attests to be even more damaging when affecting your credit score. Whenever a credit card payment is missed, it gets reported to credit agencies, resulting in dropped credit score. Making a habit using this could be really harmful, mainly when you later try to get a loan or mortgage.

Keeping up your Hopes when getting Cash advances

For some people, it is like discovering a convenient feature of credit cards -- to get cash advances. Well, if you have this far on this post, then you must have thought by now that the accessibility to cash advances is just another bear trap placed by the card providers.

For this so-called "convenience", there is a fee that they charge for a cash advance. Apart from this, they push a greater interest on this credit card debt. There is always a better option than availing a loan on your credit card.

When people commit such types of mistakes, they are actually paying for other cardholders' cash return rewards and other. So the benefited cardholders should be fortunate enough for these kinds of perks.

It is entirely your choice to be an individual who wants to get paid to use a credit card or you want to be one of many those countless people who are actually paying for that benefit. I know what side I'm choosing.

What credit card mistakes have you made? Do you understand the ability of credit cards and know how to use them in your favor? Do you agree with me that using your credit card responsibly can line the boat of your financial life towards a better future?