Credit Card Bulb
May 24th, 2010 | 
Author: 
I just got my first credit card. How it works
Well, I know how to spend it, let me know how it is paid why? I just got my first credit card today. I received a card limit of $ 3,000 for a visa. with interest at 19.8% …. if you spend $ 300 .. Do I have to pay the full amount right away? a month? I can pay the full amount or may pay a part. No one explained this to me … I just went to the cashier and asked if I could get a visa, she gave me to sign this application and tried a lot of things on your computer and voila! she told me that my bad credit within two weeks. I have 18 and not really the brightest bulb here .. enlighten me
They will send you a statement each month that you require, which is the total should and what the minimum payment is. The best thing you can do with a credit card that has a high rate of interest is to pay the total amount you owe each month in a declaration, and make sure they have your payment before the due date. If you pay for what you do not have to pay interest payments. To determine the amount of 19.8% to $ 300 and so is like adding to your bill each month, you pay a lot more just for the privilege of borrowing money. Is it useful? Pay the total amount you have loaded and you will not have to pay finance. Soooo not spend more than you can not afford to pay when the bill / statement of origin.
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