Credit Cards work on the general principle of buy now and pay later. Apart from providing instant credit access, the cards also provide a host of other privileges, including cashback, reward points, discounts and more. When used correctly, credit cards can be a powerful financial asset. You can not only boost your credit score through these cards, but you can also avail a wide variety of other benefits. However, they are often mismanaged by some of the users. A lot of times, users make some mistakes without realizing how they would impact their finances. So, here we have talked about some common mistakes related to credit card usage which you must avoid.
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