How many credit cards do you have? If it's more than one or two you're a candidate for out-of-control debt, but you probably don't need me to tell you that. They're very handy things to have, especially if you're traveling or if unexpected expenses arise, but they need to be used wisely. you've heard the horror stories about people getting into deep debt with credit cards, so I won't belabor that point anymore.

If you're looking to open a new credit card account, what kind should you choose? There are many features to select from. Some offer 0% balance transfers, which might be a good option for you if you're considering closing out another account and transferring the balance. Some offer cash back on purchases or reward points each time you spend. The most important thing is to compare credit cards and the programs they offer before you make your decision.

Labels: credit cards, finance, payperpost