When To Not Use Your Credit Card - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

When To Not Use Your Credit Card

Posted: Updated:

Americans are borrowing and spending less as they face widespread unemployment and uncertainty about their financial futures. Credit card debt dropped in August for the 24th straight month. 

When to pull out the credit card and when to just step away from the swiper is not always easy to know.  CreditCards.com came up with 15 times you should leave your card tucked away.   Some of them are pretty obvious, like when you're near your credit limit.  But others you might not think about. They include:

  • We've all heard it before, "nothing good happens after midnight".  CreditCards.com says you might think twice about pulling out your card at a time you're more likely to get into trouble and not make a sound financial decision.
  • Flea markets used to be cash only, but now as Money Management International's Catherine Williams puts it, "Through the magic of technology, some guy selling rickety, old wagon wheels can take your credit card. Convenience doesn't always outweigh the risk, she says, so bring the cash."
  • And we love those reward points to finance that vacation, but don't use the credit card to buy something just to get more points. That tends to lead to overspending.

 
"15 Times When You Shouldn't Use Your Credit Card"

  • NewsMore>>

  • Gang Members Indicted for Criminal Offenses

    Gang Members Indicted for Criminal Offenses

    A huge victory in the war on drugs in Tulsa. Authorities believe they've identified the people who supply 90-percent of the cocaine to our streets.More >>
    A huge victory in the war on drugs in Tulsa. Authorities believe they've identified the people who supply 90-percent of the cocaine to our streets.More >>
  • Plane Makes Emergency Landing on Side Street

    Plane Makes Emergency Landing on Side Street

    A small plane makes an emergency landing on East 69th Street around 3:45 p.m., Tuesday.More >>
    A small plane makes an emergency landing on East 69th Street around 3:45 p.m., Tuesday.More >>
  • Cafe Works To End Hunger In Tulsa

    Cafe Works To End Hunger In Tulsa

    A pay-what-you-can cafe is bringing people in Tulsa together while cutting down on hunger in the area.StoneSoup Community Ventures started a pop-up cafe Tuesday at the Greenwood Cultural Center.It offered fresh, local meals that were healthy, and that is alleviating pressure on the local food banks.Organizers say they are bringing a different approach to Tulsa's hunger problem."We bring people together in community and offer everyone the opportunity, whether they can pay or not for the food, ...More >>
    A pay-what-you-can cafe is bringing people in Tulsa together while cutting down on hunger in the area.StoneSoup Community Ventures started a pop-up cafe Tuesday at the Greenwood Cultural Center.It offered fresh, local meals that were healthy, and that is alleviating pressure on the local food banks.Organizers say they are bringing a different approach to Tulsa's hunger problem."We bring people together in community and offer everyone the opportunity, whether they can pay or not for the food, ...More >>
Powered by WorldNow

P.O. Box 8 Tulsa, OK 74101-0008

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and KTUL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.