Hi,

Friends, I would suggest that you avoid spending a lot on Credit cards. Well, I personally had a lot of debt due to purchases. And, guess what, I was not able to pay back my dues as a result.

It took me almost five months to bring my balance to zero.

Every month, I would land paying the credit card company double interest by way of late payment fees.

Ok, it is a good thing that they offer you a month’s credit, but then they charge you a very high interest rate on late payment fees.

So, please take care whenever you think about spending through a credit card!!!