Tips for using credit cards at Christmas time
December is one of the months when people spend more money, and also when the greater the debt. When not enough for the cats often use credit cards and commercial banking. The National Corporation of Consumers and Users of Chile (Conduces) calls to make responsible use of the cards in order to not acquire debt that cannot be paid in the future.
While the recommendation is to try not to use them, the truth is that few Chileans save. So Conduces indicates that in case of using the plastic money “should try to buy at the time that the card has promotions or buy a single share to 30 days.”
After the debt, Herman Ruiz Calderon, president of Conduces, remember that fees must be paid on time, because the non-compliance with the dates mean interests. It also stresses that it must be remembered that all cards have maintenance costs or administration; therefore, you should look at what cost in order to have clarity in the final installment.
In the same vein, the leader of the consumer organization said that “usually the bank cards charge less interest than retail, because they always charge a fee that is conventional maximum limit.”
Finally, Herman Calderon said that if you want to have a good holiday and save a “headache” in the coming months, “we must always be comparing the cards, know what the interest that each has” information that can be obtained the bank or trading house.
[...] project aims to prohibit senators commercial house and bank and financial institutions issue credit cards and without consultation. That is, only able to provide the type of [...]