Having multiple credit cards can be a difficult task to juggle with different credit limits, balances, payment periods and interest rates. It is often the case you can be carrying a larger balance on one card costing you more money with a higher interest rate. And it’s not uncommon for those carrying multiple cards to neglect some accounts where late fees and monthly finance charges pile up.
Getting into credit card debt can be easier than most think. And big banks are likely to encourage you to use their card with some of the many common traps. But there are some easy steps you can follow to help manage your situation with the right credit card.
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