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Please

about the RADS!

Credit cards have made shopping easy but dangerous at the same time!

It is very easy to lose track of the amount you spent, and the bills will kill you.

But credit cards aren't all bad news; if you're careful, you can use them to your ADVANTAGE:

• You can prolong the time in which you have to pay for purchases to up to a month and a half.

 
• They're convenient - there's no need to carry a load of cash when you're planning a major purchase.

 
• Start your credit rating/history. You'll need it later on in life if you want to get a car loan, mortgage, etc.

 

If you can't pay up before the deadline, the interest charges will kill you! Even if you pay some of the bill, you'll get charged interest on the entire bill. 
  For example, if you pay $99.87 of a $100.00 bill, you'll get charged interest on one hundred dollars. It doesn't matter that you have an account balance of 13 cents. 

Interest charges range dramatically. Some cards have fees as low as 2.9% while others as high as 37%. It's best to shop around for the lowest interest rate. 

Some credit card companies charge annual fees in exchange for premium services and lower interest rates. Determine your needs before signing on the dotted line.