Credit cards are a convenient way to purchase items and offer many protections to the consumers that use them. Important to note that they also carry with them some disadvantages. It is no secret that credit card companies make money from late fees and overdraft fees. However, it might be surprising to some that nearly half of all credit card company revenues come from penalty fees. You should be cognizant of this fact when it comes to managing bills in order to ensure that you are not one of those having to pay penalty fees on your credit card.
Check out today’s link of the day from the Christian Science Monitor.
Matt / Google+