3 Smart Credit Card Tips

Credit cards are a tool, and like any tool, they can be used wisely or poorly. Here are a few smart credit card usage tips:

1. Set payment reminders. Set up an automatic payment or calendar reminders so you don’t miss a payment. 
2. Don’t let anyone borrow your credit card. If you let someone borrow your credit card and they end up charging more than you had agreed upon, that charge is still on you for letting your friend or relative use it.
3. Pay in full each month. Ideally, you will want to pay your credit card off in full every month, so you don’t get hit with interest, which is currently averaging around a very high 24%.

For info on what goes into a credit score and tips on how to raise yours, go to https://www.ccoacares.com/wp-content/uploads/2017/09/Credit-Score-Tips.pdf