Life Kit Smart credit card habits to keep you out of debt
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Aug 29, 2024 Dive into the fundamentals of credit cards and learn how they really work. Discover how responsible use can boost your credit score, much like a GPA. Understand key terms like APR and the dangers of late payments to sidestep debt. Master effective management strategies, including when to consider balance transfers. Explore how to choose the right cards that align with your spending habits, ensuring you maximize benefits while maintaining financial health.
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Get a Credit Card
- Get at least one credit card to build credit.
- Using it responsibly improves your credit score, saving money and opening lending doors.
Credit Score Explained
- Your credit score, like a GPA, reflects your financial responsibility.
- It considers bill payments, debt repayment, and credit card standing.
Credit Card Benefits
- Use your credit card for benefits like cash back, rewards, and fraud protection.
- It offers better security than other payment methods.
