Our Finance Guide
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
Our Finance Guide
No Result
View All Result
Home Credit Cards

Overspending on credit cards could lead to serious consequences, financial advisors share tips

admin by admin
January 3, 2022
in Credit Cards
0
Overspending on credit cards could lead to serious consequences, financial advisors share tips

We asked over social media if anyone had put Christmas purchases on a credit card, but is having a hard time paying it back. One person who does not wish to be identified told ValleyCentral that finances have been tight this year, but he still wanted to give back to loved ones.

Joe Califia, a wealth consultant for Independent Wealth Consultants in Edinburg said can understand why people are relying on credit cards more than usual, but that “overspending can be a big problem.”

Related articles

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

How-to Alter your Credit having Payday loan Shelter

Califia added that maxing out your credit card limits or going above the normal percentage of spending credit card companies set could hurt your credit score.

“These credit card agencies wanna see you using a reasonable amount of your credit limit. However, once you start overspending, that’s a red flag to them,” said Califa.

Califa commented if you find yourself struggling through holiday credit card debt right now, it’s not too early to save yourself from doing so again this Christmas. He said instead of waiting towards the end of the year to make holiday purchases to start buying gifts throughout the year.

admin

admin

Related Posts

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

MEXICO CITY, Dec 20 (Reuters) - The United States is offering to help Mexico with loans to finance planned solar power stations in the northern state...

How-to Alter your Credit having Payday loan Shelter

Most people that have bad credit getting he has got no other possibilities than to get a quick payday loan when in a bind. If you...

Best Virtual Credit Cards for December 2022

Virtual credit cards allow you to keep your identity safe online by masking your personal details.Credit card fraud affected over 13 million Americans in 2021, and...

5 Ways Credit Cards Can Beat Buy Now, Pay Later Plans

At first glance, a “buy now, pay later” plan’s promise of no interest or upfront fees can seem more appealing than a credit card’s terms. Dividing...

Is Using Your Credit Card About to Get Cheaper?

When it comes to credit card processing, Visa and Mastercard are practically the only game in town. Here, we'll tell you how retailers are fighting back...

Next Post
Should You Really Be Investing in the Stock Market in 2022?

Should You Really Be Investing in the Stock Market in 2022?

Waiting for student loan forgiveness? Here’s what to do in the meantime

Waiting for student loan forgiveness? Here’s what to do in the meantime

Want To Make A 2022 Financial Resolution? Don’t Overlook These Tax Tips

Want To Make A 2022 Financial Resolution? Don’t Overlook These Tax Tips

No Result
View All Result

Subscribe Us

By clicking submit, I authorize Our Finance Guide and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in ourTerms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.

RECOMMENDED

Will student loan forgiveness ever happen? What we know so far
Loans

Will student loan forgiveness ever happen? What we know so far

Biden team insists taxes won’t go up for most people
Tax

Biden team insists taxes won’t go up for most people

CATEGORIES

  • Credit Cards
  • Investing
  • Loans
  • Tax
  • Uncategorized

Subscribe Us

By clicking submit, I authorize Our Finance Guide and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in ourTerms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.

© 2025 Our Finance Guide, All Rights Reserved.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing

© 2025 Our Finance Guide, All Rights Reserved.

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset