credit cards Archives - LoanMonkey.net

A person using a credit card to make a meal.

When Is It Okay To Use A Credit Card?

Is it ever okay to use a credit card for a purchase? Credit cards get a negative rap, and for good reason, but there are some times when it actually makes sense to use a credit card. Let’s take a look at a few examples of when you should pull out the plastic.

Money that is cash back from a credit card.

Personal Finance

Smart Ways To Use Your Credit Cards

Usually when we talk about credit cards, it is in relation to getting out of debt. Yes, they can be a real problem for many people. But, did you know that they can also be a very valuable financial tool? Take a look at some of the ways that you can use your credit cards to actually improve your finances.

Personal Finance

What Happens When You Run Up Your Credit Cards?

Ever thought about what would happen if you run up your credit cards? Hopefully, you will never find out because it creates a massive domino effect. Take a look at the negative consequences of charging up all of your credit cards.

A person who found a reason to use a credit card.

Personal Finance

Good Reasons To Put It On Plastic

Credit cards are evil, isn’t that what everyone says? Well, maybe not. While it is true that credit cards can get you in trouble, they can also be a great financial tool. The trick is using them for the right reason. Here are several reasons that you should consider putting it on plastic.

Personal Finance

3 Strategies To Pay Off Credit Card Debt

Are you struggling to pay off credit card debt? Many Americans are and it shows since the average person has nearly 8000 dollars in debt tied to high interest credit cards. Credit card debt is the worst kind of debt to carry because of the great impact that it has on a budget. You could be paying hundreds of dollars a month, just in minimum payments and it is time to put that to an end. Take a look at 3 tried and tru methods that you can use to finally get rid of that credit card debt.

Personal Finance

Credit Card Tricks

Credit cards are a necessary evil in the financial world. Even if you never use them, you need them for a healthy credit score. Take a look at a few simple tips that you can use to make your credit cards more useful, safer to use or that can save you money. It is worth a read.