Proper Use of Credit Cards

[chuzzle]

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any ideas pwede mashare nu on how to effectively and efficiently use our credit cards?

[emow]

plot the due date of your debt in a calendar... pay before the due date and above the minimum payment for that month... the best advice is still, use it onlyin acquiring assets and not liabilities..

[kat2x]

kng mg purchase a certain thing. nya mahal2x ang value. f possible luk a 0% interest w/ long term payment. cgurado dli ka mglisod to pay it

[chuzzle]

ask ko lang let say i purchased a 0% interest item 6 months to pay say 12k, but i still have remaining balance in my cc say 5k. if ever magbill na will they charge me finance charge of the 5k plus the 2k (1st of 6 payments) or of the 12k? and is it same with late payment?

[kat2x]

only 2k + remaining balance bro 5k......

[r3roble]

they will charge you the 5T + finance charge of the 5T (or if you haven't paid the previous month, + late charge) + 2T. however your minimum payment due would be 5% (of the 5T + finance charge of 5T) + 2T.

use credit card only if you have available cash to pay. let's say you want to buy worth 5T. save 5T before you buy, if u have the money, buy that something using credit card, let your 5T sleep w/ your bank till due date. naka points paka, ni earn pa interest imo 5T, then dli paka maproblema pangita ibayad when due date comes.

[emailroy2002]

proper use sa credit card... dont use it if you cant pay your bills.

tnx...

[cebu1029]

any ideas pwede mashare nu on how to effectively and efficiently use our credit cards?

use it when you have to!
pay your bills on time.
try to pay more than the minimum required!

[chuzzle]

bitaw no, ey tnx everyone

[CoolUkoy]

Proper way to use credit cards? Don't use them