Investing in Philippines: credit cards

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Showing posts with label credit cards. Show all posts
Showing posts with label credit cards. Show all posts

Saturday, March 17, 2012

WAYS TO BE DEBT-FREE: Why Do You Need At Least One Credit Card?

source: http://howtocleanupyourcredit.org


Days ago I submitted an application to raise my credit card limit with my Bank of Guam Visa  Card. Luckily they gave me a 150% increase of my current credit limit citing that I have a very high credit score. 


Now in the first place why did I requested an increase of my credit limit?

source: http://ktrmurali.wordpress.com

 
But first let me warn those who are still working on their credit card debts. If you still have credit card debts I don't recommend you to ask your bank or card issuer to increase your credit limit but rather you should cut your credit card and start paying your credit card debts before your interest gets bigger than the principal.
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Chitika