Some little-known "consumption traps" that should be avoided in the process of handling and using credit cards are: high quota, installment payment and VIP service.

first, when you apply for a card, don't open too high a credit limit.

The biggest "consumption trap" of credit cards is that a high credit card will give people the biggest psychological hint-I have a lot of money, and I can spend it at will. In fact, this is an illusion and a trap. In fact, this is not your money, but your responsibility. Once you use it, you may not be able to pay it back. Hand-brushed credit cards, all of them are rich, and on the repayment date, all of them are poor. This is the reality. Many people regard credit card money as their own money, and use this money to buy things that they can't actually afford, and finally bury the consumption trap of this credit card. To avoid this risk, when you apply for a card, you must not open a high quota, and control it within the range of three to six times based on your monthly income.

second, when handling the card, don't open VIP service.

the VIP service of credit card is also a big and little-known "consumption trap". Credit card VIP will charge a high annual fee. In order to make everyone feel that the annual fee is worth it, the VIP service of the credit card will list a lot of services that look very tall for you to see, making you feel very cost-effective and great value! In fact, these are all illusions, and you have little chance to use these services. There is a saying that 8% of people don't use credit card VIP services, 2% use them, and only 2% use them, and the other 8% don't use them. Therefore, when you apply for a card, it is best not to open a VIP.

3. When using the card, avoid using installment payment.

installment payment is also a "consumption trap" of credit cards. According to your purchasing power, in fact, many things can't be bought, because there are stages, which makes you feel that you can have this thing with very little money. In fact, this behavior has overdrawn the future, and there is a cost (cost)-the cost of installment payment. Taken together, the money is quite a lot. Because when swiping a credit card, you should do what you can, avoid using installment payment, and increase the amount as expenditure.