Over 80 percent of Americans are in debt, with the average credit card owner called unpaid costs about $ 10,000 in any given time. But if the debt is created - and paid - properly, then it can be an asset and not a burden
So if you use your credit card to pay your monthly insurance premiums.? It is not a simple decision, but there are a number of reasons why it would be a good idea. For example, if you can pay in full payment by credit card or almost in full at the end of each month, then pay your insurance payment is not a problem. If you tend to miss payments and decide to set up automatic payments through your credit card, it is a better idea to let your insurance lapse because you forgot to pay the bill. In addition, if there is no other way for you to pay for insurance, then go ahead and put it on the credit card. It is best to engage the financial costs of being caught without insurance in case of emergency strike.
However, it is best to work out a monthly payment plan for other major emergency expenses such as medical and dental expenses, and save the credit card charges for purchases you will able to pay for the foreseeable future.
0 Komentar