Your first credit card is independence, convenience and opportunity all rolled into one. By handling it responsibly, your first credit card can help you build credit and improve your ability to borrow money in the future. Here are 7 basic steps to making the most of your first credit card.
Paying more than the minimum
Paying more than the minimum amount due each month can strengthen your creditworthiness and you can also save on interest by increasing your payments.
Example: You buy a tablet for $300 with a card that charges 18% interest. Your minimum payment is $20.
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