Ah, the infamous credit cards. The luxury of buying now and paying later. But, did you know that these card come with hidden expenses?! Oh yes, they do. They are piled with late fee's and interest rates that can kill your budget. Your 'APR', or your average interest rate, is the amount you pay each month to keep your card. If you are late paying that lovely monthly bill you will be charged a late fee from $40 to infinity it seems. Thanks the world wide web, now a days you can apply for a credit card online. Now don't get me wrong, credit cards can be a good thing if you use them correctly. They can just as easily allow you to achieve a good credit score as a bad one. Just remember to watch for those hidden charges, don't spend out of control, and pay on time.
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