Keeping credit valuable

Credit cards can be useful or risky. Keep in mind the times when you never should use your credit card:

• You want something and don’t have the means to pay for it.

• You don’t have money available to cover your bills.

• You’re spending more than you earn and don’t want to adjust your life.

• You just want to earn the rewards offered by your creditor.

• As a tool for getting extra money through cash advances.

Taken from “Credit Cards: Strategies for Success,” a free booklet from debt.com.