Tag Archives: incurring debt

Common Credit Card Misconceptions

Common Credit Card Misconceptions

In most cases opening a new single account will improve your credit score. This is just one of the many misconceptions that surround how credit cards work. Here is a look at some more of those misconceptions.

I Pay the Balance in Full, So I Don’t Have Any Debt

The smartest ways to use a credit card is to pay the balance off in full each month so that you don’t have to pay any interest.

This does look like that you aren’t incurring any debt, but – Read more