cards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s somethiPurchasing clothes, household items, cars and even funding your holidays on credit is fast catching up with becoming a necessity today. Paying for your expenses on credit is unnecessary more often than not. However, there certainly are emergencies that can justify credit scenarios. These could include a sudden accident, an unforeseen redundancy, a late pay cheque, an overdue bill at the end of the month or any such financial crisis. But I’m still talking about the possible need for a credit card in the singular – i.e. 1 single credit card for urgent situations; not so many of them that you actually lose track of how many you own.

The usage of credit cards is increasing at an alarming rate and to make matters worse, people often own 4 and 5 credit cards at the same time. The more cards you own, the more you can borrow no doubt, but have you ever looked at it this way – “the more cards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s somethin

rtainly are emergencies that can justify credit scenarios. These could include a sudden accident, an unforeseen redundancy, a late pay cheque, an overdue bill at the end of the month or any such financial crisis. But I’m still talking about the possible need for a credit card in the singular – i.e. 1 single credit card for urgent situations; not so many of them that you actually lose track of how many you own.

The usage of credit cards is increasing at an alarming rate and to make matters worse, people often own 4 and 5 credit cards at the same time. The more cards you own, the more you can borrow no doubt, but have you ever looked at it this way – “the more cards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s somethi

ll talking about the possible need for a credit card in the singular – i.e. 1 single credit card for urgent situations; not so many of them that you actually lose track of how many you own.

The usage of credit cards is increasing at an alarming rate and to make matters worse, people often own 4 and 5 credit cards at the same time. The more cards you own, the more you can borrow no doubt, but have you ever looked at it this way – “the more cards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s somethi

increasing at an alarming rate and to make matters worse, people often own 4 and 5 credit cards at the same time. The more cards you own, the more you can borrow no doubt, but have you ever looked at it this way – “the more cards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s somethicards you own, the more you have to pay and further in debt you land yourself in?” For those of you who have experienced the “Mr. Hyde side” of credit cards and have got entangled in the Credit Card debt maze, here’s something to help you get out – Credit Card Debt Management.

Why do you fall into Credit Card Debt?

• Swimming along the tide, many of us own 5 and 6 credit cards of which most simply add weight to our wallets.

• Before signing up for a new credit card, how often does the interest rate draw your attention? Almost never and even if it does do you realise what a high interest rate is? The interest charged on credit card bills are exorbitant, leading to huge bills, half of which is nothing but interest.

• Credit Cards create need even when there isn’t any. A shopping list turns into a shopping book in no time because buying on credit makes you feel like your not actually paying for it and more importantly you lose track of how much you’re spending – leading to excess and unnecessary spends.

• Credit Card fraud and scams can easily extract money from your account wit