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How to get rid of credit card payments

This is a very common problem when a credit card is not properly used. Definitely you end up asking these questions. But, for every problem there is a solution. Its better explain some others experience with the same issue.

A simple solution is to have more than one credit card. When you make any transaction you do that after the billing date. Suppose your creditcard billing date is 9th of Every month, you can start doing transactions after 9th then generally the payment due date will be 45 or 50 days after that, i.e. End of the next month, so that you get more time for payment.

In this case, 10 days before the due date you can ask your other creditcard company to issue a check for balance transfer. By doing so, the balance transfer check will arrive in 7 days after processing. So, you can drop the check just before the due date. At the same time, you save the payment time for the other creditcard company who issues the balance transfer. This is a facility provided by creditcard companies. Most of the banks issue balance transfer checks on 2% processing fee for 3 months interest free. Thus how you can postpone your creditcard payment for the first card.


Tips for using Credit Cards

1. The more you use and pay the dues regularly you get the reward points, using which you can do shopping.

2. If you become a valuable customer by using and paying credit card payments, you will get lot of offers like getting personal loans for very less interest rates.

3. Suppose, in some unavoidable circumstances, if you unable to pay the credit card payment and you have a good credit card track payment history, you get the late fee and interest fee waived off. Its true!!!!

4. Nowadays credit cards are offering that, if you purchase any goods more than 2000 bucks, the total amount will be spitted into 0% interest easy monthly installments up to 12 months.

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