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Credit cards can be highly beneficial when they are used correctly, but can be detrimental to your finances when not used responsibly. Below are some credit card habits that you should avoid in order to be a savvy credit card user. Make Payment Arrangements When You’re Struggling Instead of ignoring your accounts when you are struggling to make ends meet, call your creditor to see if payment arrangements are available. Even one late payment can cause your score to drop 100 points (depending on your score before the missed payment). You’ll also most likely be charged a late fee and a…
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