Holiday Season Credit Card Mistakes to Avoid

Don’t Make These Holiday Credit Mistakes

The type of plastic you use matters

The holidays are a great time to catch up with family and friends, relax, and exchange gifts to show your appreciation to those closest to you. However, this time of year can also bring about a mountain of debt that could follow you to the next holiday season—and beyond. writer Lisa Bertagnoli describes six credit card mistakes that could put a damper on your holiday. Among the credit traps she warns consumers to stay away from are delayed-interest offers, spending heavily on retail credit cards, and spending beyond your allotted budget. The delayed-interest offers can be especially tempting, but if you’re not careful, you could be taken for a ride. advises consumers to pay very close attention to the fine print, and exercise self-control. Remember: just because a special offer is attached to an item doesn’t mean you have to buy it. Chances are, you really don’t need it anyway.