HomeOdd NewsCurrent Strategies On Credit Card Payments To Avoid Debt Ryan June 18, 2016 Odd News It is an undeniable fact that credit cards are the most powerful consumer force at present, if you go by the economic pie chart. Recent studies have indicated that the US citizens are currently spending $4.9 trillion on credit cards, which is nearly a hike of 9% on yearly basis. This trend is expected to hike with every passing day. On the other hand, credit card debts are not surging, and pushed the $924 billion mark in the year 2015. Moreover, within this yes, this mark is said to hike to $1 trillion. With such a growing number of people using credit cards, the chances of being in credit card debt will be the same. Be safe and secure It is hard to avoid being in debt if you are using credit cards without keeping a check on it. Even if you procure the credit card from any reliable firm, still being in debt is absolutely in your hand. Therefore, it is your duty to take good care of your credit card and use it only when the time comes. You have to check out the dos and don’ts of credit cards, before even applying for it. Furthermore, you will be able to step out for a while and look for the other options, so that you do not have to use credit cards, on the first place. Responsible use is must It is a known fact that responsible use of credit card can always help you to build credit history. It further provides you with a perfect credit score, which can make the service attractive to insurance companies, mortgage lenders, credit and bank unions and some of the other members of the same financial community. Always remember to use credit cards only when asked for. Furthermore, you should avoid using credit cards to make payment always and opt for cash payment. Make the payments on time Even if you are using credit cards, you can still be out of debt, only when you have followed some important steps. For the prime one, you need to make the payments on time, and without any delay. Always remember that delay in payment means many penalties, associated with your account. Therefore, it is time for you to avoid such instances, with the help of timely payments. You can even get in touch with debt-reduction programs, which will help in navigating your way to the current financial health. Create a budget chart It is vital for you to make more than just the minimal payment and for that, you need to visit here. You can easily create your very own chart, where you will be able to divide your monthly income in different panels. After dividing the monthly usage, you can start making the repayments from the extra amount. It will help you to make the payments on time, and without going through any excess pressure. If you can make the creditors happy with your timely payments, then they can even adjust in case; you face any problem. You need to be in good terms with the creditors, or else; the repayment will not be an easier procedure.