Share my passion for low interest credit cards
But by making only the minimum payment, most of that bill goes toward interest and not the balance. When consumers do not pay the balances on their credit cards in full, therefore, it is not difficult to increase debt. Credit cards should be viewed as a method of payment, not a loan to buy things that a consumer cannot otherwise afford. Balances should be paid in a timely manner. If you responsibly purchase with and pay off your balances on your credit cards, you will also be able to handle emergency expenses more readily than if you carried balances on your cards.