I am in debt with my credit cards. I mean the only good thing about them is that I got a season pass for Six Flags last year due to my credit card rewards. I am getting control of them though. Within a year, hopefully they will be paid off in full and then I can use them only for emergencies.
What a lot of people don’t know about credit cards, is that you can have one balance tansferred to another. These balance transfers usually mean lower interest rates for you and one less card to pay each month. Before you do a balance transfer, however, I highly suggest that you compare credit cards to make sure that you are getting a good deal on that card.
