Best credit cards discussion
Over the course of months or years, you'll pay more in interest on each of your purchases than you paid for the purchase itself. Rather than getting stuck in that trap, pay your entire balance on all of your student credit cards every billing cycle. * Be punctual about paying your credit card bill, down to the hour. If your check or electronic transfer arrives at the credit card company even a day late (or, for some cards, an hour late), you'll be hit with a late fee of $35 to $40. The company can also hike up your interest rate to your default rate, a leap of ten percentage points or more, on the grounds that your lateness shows you can't afford to pay your bills and you are a poor credit risk.