· Paying for a purchase over time is a
convenient way to use credit.
· Think about why you’re using credit. Is
it because it’s just more convenient to pay for it in two or three
installments?
· Or, is paying the minimum the only way
you can afford it? You might want to consider whether using credit is a
good idea for you..
· It’s not a good idea to use a credit
card to pay for day-to-day living expenses just to give yourself a little
extra pocket money.
· You can reduce your balance more quickly
by paying more than the minimum due each month.