negative balance and credit cards
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shelagh
Apprentice
Joined: 14 Jul 2004
Posts: 6
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 Posted: 11/15/07 - 07:14 Post subject: |
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| What are your experiences with negative balance on your credit card? Many people are complaining how they will never be able to get rid of negative balance and how their money will eternally be taxed; I see those people closing accounts and some of them even had to take a loan. For the first time I am getting a credit card and I would like you to tell me how to avoid negative balance, if you know? |
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shaun
Apprentice
Joined: 14 Jun 2007
Posts: 4
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| Posted: 12/14/07 - 22:25 Post subject: |
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| Certainly, you should spend cautiously. Those people are, simply, not too good with spending, or they really had bad luck with banks, whatever is closer to truth. I’ve never had negative balance and sometimes I wonder how do all the other people, with much better salary, always get in that trouble. It is not a problem, if you handle it on time, but they are capable to leave it negative for months. |
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