Shop till you drop! Heavy discounts on your favorite brands and other such high decibel deals and offers rarely go unnoticed by the shopaholics. Till the time you are spending within limits and buying stuff that you need or were longing for, even using a credit card to fund those purchases is fine. However, overuse of cards or if credit card spends are not properly managed, can lead to a financial crisis.
Here are a few things to keep note of while using a credit card in order to avoid interest charges or late fees of any kind.
All credit card issuers require the credit card holder to pay at least 5 per cent of the bill amount and are allowed to roll over the balance for next month’s bill. Unless hard pressed for funds, avoid doing this and
Read more on financialexpress.com