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The One Credit Card Solution

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Anonymous

13y ago
Updated: 9/16/2019

For some people, having only one credit card is the solution to staying out of debt. Having just one card makes it easier to manage your debt, pay the credit card off monthly and control your interest rate. Some take it a step further and stash their one credit card away for emergencies. If you have one credit card that you pay off each month, you have leverage to call your lender and negotiate a lower interest rate. Lenders want to keep customers who know how to manage their debt and how to not get in over their heads. You can use this to your advantage.

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Wiki User

13y ago

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