================================================================================================================================ dgfj32823sghfdr ser yser ryr rtyd rteualCredit cards are a great convenience in our everyday lives, allowing us to easily buy products online and by telephone, and freeing us from having to carry large amounts of cash when making purchases in the bricks and mortar world. However, there's a potential dark side to plastic, with some unfortunate account holders getting out of their depth and building up debts that become a problem and cause of wo rry. This is obviously a situation that's best avoided, and knowing when it's a bad idea to use your card can help you avoid getting into difficulty. - Withdrawing cash at ATMs Most cash machines these days will let you draw out cash using your credit card. This might seem an attractive option if you're short of cash towards the end of the month, but it's a bad idea for two reasons. Firstly, cash withdrawals will attract a fee of a small percentage of the amount you withdraw. This in itself makes it an expensive way of getting your hands on cash, but advance s are also usually charged at a much higher rate of interest than purchases. What's more, under a system known as 'allocation of payments', the repayments you make to your account are applied first to the parts of your debt which attract the lowest rate of interest. This means that so long as you are carrying some debt from purchases, your cash withdrawals will sit in the background, being charged a high rate of interest, and never getting any smaller. - Credit card checks These allow you to use your credit cards in situations where you normally can't, such as paying a bill by post. However, the interest rate charged on them can be as high or even higher than with cash withdrawals. This means you sh Location: Delaware it's NOT ok to contact this poster with services or other commercial interests delaware