Credit cards
Hello I have a question about credit cards, I’m 21 years old and have never been edgucated about them so please do t judge or leave mean comments
Yes I understand some might think it is not smart to get one but I have a baby and just need a little extra help as a struggling parent you do anything to make sure your baby is okay and yes I’m doing my research
The questions
Is advanced cash the money that you use on the credit card that they give you ,or is it only when you pull money out of an atm from the credit card ?
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Don’t ever do a cash advance, they charge you ridiculous interest rates on it. Use your credit card wisely and try to pay off your balance each month. If you hold this discipline you can build your credit score up over time and be approved for higher limits. The best thing to do is use your card and then immediately schedule a payment to cover the cost.
I recently got my first credit card. All I know is to settle the balance on time. I would not withdraw cash on it. Good luck
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It’s the money you pull out the atm if I’m not mistaken, and they charge you interest on that money that you take out. Have you tried afterpay?? I prefer it over using my credit cards. Doesn’t run your credit and it makes it so you can buy things in 4 payments.