Credit Cards Maxed Out? Consolidate Bills And Stop Paying Penalties

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Credit Cards Maxed Out? Consolidate Bills And Stop Paying Penalties And Late Fees

Credit cards can be a great thing to have on hand for unseen, necessary expenses, such as a vehicle repair, medical costs, home fix-ups, tax fees, and so much more. Having a credit card in your wallet can be a real lifesaver when an expense seems to come from nowhere, especially if you do not have the ability to save up money in a savings account for these unexpected expenses.

What Credit Card Companies Dont Want You to Know

Credit card companies know that you will use your credit line for more than just unexpected expenses. Nearly everyone uses their credit cards for things they dont need to, and some merely used to. Even my stingy mother has a credit card that she uses solely to keep her credit score high and her credit report looking great, but she even uses it for purchases like a large flat screen television, clothes shopping and more. We just love the idea that we can buy something and simply pay over time. Credit card companies want you to do exactly that. Have you ever wondered why they send special sales items to buy along with your bill?

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