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Manage or Damage Credit
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Paying bills on time. Manage or Damage?
Manage
Oops!
Okay!
Using a credit card to buy things you were going to buy anyway. Ex. Gas, Groceries, etc. Manage or Damage?
Manage
Oops!
Okay!
Maxing out my credit limit. Manage or Damage?
Damage
Oops!
Okay!
Applying for 5 credit cards at the same time. Manage or Damage
Damage
Oops!
Okay!
Instead of paying of my balance on my credit card, I get a new credit card and transfer my balance over to it. Manage or Damage?
Damage (Lateral debt moving), now this could be manage if you plan to pay it off before the 0% interest balance period ends.
Oops!
Okay!
Using a credit card to make a big purchase. Ex. TV or furniture. Manage or Damage?
Damage (if you can't afford to pay the balance off)
Oops!
Okay!
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