Who are you in credit card field?
You are one of 176.8 million credit card holders in U, and average each of us own more than 8 cards. This figure also shows that credit cards are playing an important role in our life. Using credit in a good way benefits your life and family, otherwise you’d drown in debt without a credit management.
At a very early stage of the credit card debt management, you should manage how you utilize the credit limit and which group of credit holder looks like your behavior.
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There are 5 model credit behaviors: the beginner (less experience), the shopaholic (crazy about shopping unneeded things), the seasoned travelers (desire for low interest rate and reward), the regular payer (paying on time is a must) and the regular debtors (dead-end of credit world). In every group, the card holders face different specific problems that you must aware, avoid or change your credit management immediately to boost your benefit as long as prevent from bankruptcy.
After finding your style, the need actions have to be listed to achieve a respective objectives such as a lower interest rate, an increase credit limit, stopping any purchase without a plan, making a full payment on time, etc. Any positive move now could save you from a bad circumstance and reward you some FICO points in next month.
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