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Here are the ten habits that we have to avoid since they will lead you to debt disaster:

1. Misusing balance transfer
2. Lazy to check Credit report to bureau although you know that there is big possibility for error credit report
3. Failing to alert creditors about credit hardship
4. Using retail store credit cards to make use of discounts
5. procrestinating on creating emergency fund
6. paying bills in no particular order
7. Charging purchases instead of paying in cash or with a debit card
8. late in making credit payment
9. making minimum payment
10. Thinking of ‘budget’ as a dirty word

make sure that you avoid all of them for better finance that you will get.

Source : NewTrading.net

written by admin \\ tags: bad, bad debt, debt, disaster