4 things you should never do with your credit cards

Suggestion by adviser is such an excellent acknowledgment to prevent your own credit card more safely.I only acknowledged about the payment of due dates but for me new suggestion is to don't taking of case advance.Credit Cards Lawsuit

I run a financial website (CreditCardsDirect.com) and every time market reverses approvals for credit cards come down.
This time my approval is around 0. Shows something is up.

Ya i greed with two cards and its really more than enough.
As fof make payment without fail when meeting due date,you could post dated before due date, as this will allay your worry forgetting to pay your bill.

Really, to avoid having your credit limit reduced or your account closed you should have 4-6 open cards with balances in the 25-30% range and make your payments on time. Having too few cards is just as bad as having too many in the banks eyes so having only 2 may get you in trouble.

I have over $140,000 in available bank card credit over 4 cards. Not only do I pay the balances monthly, I make interim payments (by computer) so that balances checked by FICO at any time are minimal. Average credit score over the big three is 801 marked down for lack of other types of credit and "excessive" available credit. No one is going to report you as a bad credit risk because you don't carry a balance. Just use them as charge cards (instead of writing checks) not credit cards and you'll be OK. They make plenty off the merchants where you charge items.

I have three Credit cards, only use one and pay it
off every month should I cut up the other two ?

If you put money on a credit card you PAY interest, but if you put money in a mutual fund you GET PAID interest

I am over estimating people if I say this stuff is common sense?

Man you people can't spell worth crap...... Wake up america!!!! cut up your cards!!!!!!! don't be in debt all your life... you will make it with out them.

If you take a cash advance, it is charged more interest and payments to pay it off will only be applied after the lower interest items are paid off in full. If you the transaction fee, the one-time charge against the advance (usually 1-2%), and the interest charged until you have paid off the card in full you end up paying much more than the amount you borrowed.

this the fact that you can use credit card for emergency purpose or to get few days for payments otherwise high markup rates hits which is usually unbearable

Many times stores give you an extra discount if you use your card. If you don't pay the bill in full, you wipe out the discount with the interest charge. Paying in full never hurt my credit score. Having to many outstanding balances will. Credit card companies make money from retailers who accept their card so they don't depend on you paying interest. Lenders look at your balances and on time payment record. Pay in full.

There is absolutely nothing wrong with useing credit cards correctly.You can live off the other fellows money for 30 days without interest if used right.

How about just don't use credit cards. Cash is a wonderful thing. Use a debt card where a card is required.

Use credit cards for CONVENIENCE, not credit!!!

In this economy how many people have had to use credit cards help keep things afloat? One figures, "Well, at 9.9 or 13% I can afford the payment." Then the banks turn around stick to the good customers with 22% +++ interest driving the monthly payment way out of the budget.
Millons of our tax dollars go to bail out these bums and the thanks consumers get is completely unethical interest rates.
Banks deserve the ENORMOUS LOSSES they will soon be writing off when thousands (millions more than likely) decide to just not pay them.

thanks for the tip #4 i always take cash. no wonder my bill is so high. but in fairness i always fee above my minimum charge.

all the tips is very useful

It's so easy to use plastic, first it's at the gas pump, then prescriptions, take out, movies, car rental, emergency room, air condition pump,etc, etc, etc, late fee, high interest and I can't make the payment, forget the minimum.

I FEEL FOR SAFE AND SECURITY I DID LIKE TO HAVE MORE CARDS' AND RECIEVING THAT WERE CLOSE BECOUSE I DID NOT USE THEM DID MAKE ME FELL, SO BARE AND NOT SECURE....SO IF YOU HEVE CARDS' IN THE CLOSET PLEASE USE THEM QUICLY.

Ok, well some of the answers on here doesn't make any sense. Like don't get any credit cards. How can I purchase a home or car through financing without any credit then? I'm in my late 20s I have a debit card, I write checks every month for my rent, and pay bills online. I tried to get a car about a month ago and they tell me I have no credit. That was the banks and dealerships that denied me. They suggested I get a credit card. So I did from my bank. Also on a recent interview with Suzie Orman show she states because the way the economy is right now. The amount you should only be paying on your credit card should be the minimum payment only. The reason if you already don't have about 2yrs of savings saved up then you need to save your money first. The amount that should be saved is the amount in which if you don't have any income coming in you should be able to afford to pay your rent, utilites, and food for a 2yrs.