Few people understand how devastating it can for your credit score and credit history if you start falling behind on your payments.
Fewer people still realize just how astronomical interest rates on credit cards are once you start missing payments. Credit card companies are sometimes compared to ‘loan sharks’ charging usery rates – that’s how bad it can get.
These are two massive reasons not only to pay the minimum due each month on your credit card bills – but to pay what you owe entirely.
In this way you can take advantage of the great convenience of ‘plastic’, accrue points and redeem rewards, and yet remain free of this worst form of modern day debt.
The great news is that with the internet and electronic banking, it is now possible in most cases to pay your credit card bills online. For banks or credit cards where that is not an option, you can at least use the internet to be sure of what your bills are and when they are due.
We have set up CreditCardPaymentOnline to:
- Help educate you on both the benefits and perils of using credit cards
- Help you to learn how to keep track of your credit
- Show you how to pay bills online
- Get to know what rewards and other benefits you can get hold of from different banks and cards
- Share stories about good and bad experiences with different banks and credit card providers
We hope you enjoy both reading CreditCardPaymentOnline.net, and joining in the discussion.
