Want to have a credit card but fear "get stuck"? Here are tips to make your credit card more profitable and useful for building and growing your business.
Credit cards can actually be profitable if we are good at managing them properly and appropriately, depending on lifestyle, hobbies, and work. Having a credit card must also be careful because many tempting "traps" such as large discounts that if we are tempted by the offers can be dangerous.
Credit cards are important when job demands require us to travel frequently, and may have more than 1 credit card. Credit card for traveling eg to pay hotel booking fee or ticket as transportation.If we are not too often traveling for work, should have enough credit cards alone is more than enough. Another thing that we should be aware of is not to be easily affected by 0% fixed installment or discount offer in stores.
If really needed and used, make sure the credit card installment is calculated with other monthly installments. When applying or opening a credit card, you should also adjust the total credit card limit with the size of our monthly income.
For credit card users a total limit should be owned ie a maximum of three months of salary earned each month.
Example: If your salary 5 million per month, then the amount of limit owned in credit card should be maximal 15 million. But if you tend to be extravagant to shop, then you should limit the credit card only 1-2 times the salary alone to minimize the swelling of your card monthly bill.
Even if the condition is severe, where the monthly finances minus and twisted, you should stop using your credit card for a while. This is to avoid more severe problems in the future.
Then when stuck in bad credit on a credit card, you can simply come to the bank credit card and report if you have problems with paying the installment and its interest.
You can also request to bank to temporarily disable credit card. And ask for the rescheduling of payments when troubled with a credit card. You can also request that their credit card interest be terminated and payments be changed to fixed installments.
Credit card administration expenses like Annual Fee can be eliminated by negotiating if your credit is good. Annual Fee Credit Card can also be removed by converting our 'point reward', check it is not on your credit card?
In general, each bank issuing a credit card has a relatively different interest charge, which we can use. The smallest credit card interest charge on some local banks currently ranges from 1.2% to 1.5% per month.
Meanwhile, the largest credit card interest expense ranged from 3.50% to 4% per month.Information on credit card interest charges must be known by each user to choose the right credit card to use.
Many say credit cards are harmful, just the opposite if you know the tricks and tips it can even be profitable.
So simple reviews, hopefully add to the spirit of your day.