Credit Card Offer or Trap? | FCT News – Freestonecountytimesonline
Posted by admin | Sep 18, 2022 | Columns | 0 |
by Taylor J. Kovar – CEO/Founder, Kovar Wealth Management
–Hey Taylor – I got a credit card offer in the mail that seems really good. Low spending limit but the interest rate is good and I get cash back. So… what’s the catch? Should I be suspicious?
–Hey Tommy – I think a dose of suspicion is always healthy when it comes to credit card companies. Their one big goal is to have you pay too much in interest. With that in mind, as long as you check your blindspots, there is such a thing as a credit card worth having.
If you know how credit cards work, there is no catch. Pay in full, pay on time, and take advantage of the rewards. Hope it all works in your favor, Tommy!
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