Don't Apply for Another Credit Card

How NOT to deal with your debts Tip of the Day:

Don’t apply for another credit card to pay for the one you can’t pay off now – true, the new one may offer you 3% interest for 6 months, but what happens after that?

You could well end up in the same position as you were when you applied for the new one.

Pay off the cards you’ve got, keep one, pay it off every month, and cut the rest up.

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