Join our #CreditChat on Twitter and YouTube every Wednesday at 3 p.m. ET.
We also had a Google+ on air video chat with: Beverly Harzog – Credit Card Expert & Author of Confession of a Credit Junkie, Todd Christensen, Director of Education at the National Financial Education Center, Claire Murdough – Writer & Podcaster at ReadyForZero, Rod Griffin – Director of Public Education at Experian, and Mike Delgado – Social Media Community Manager at Experian.
Q1: What are the pros/cons of using credit cards?
Q2: Should everyone have a credit card? Why or why not?
Q3: Why is it easy to fall into credit card debt?
Q4: What precautions can we take to avoid swiping the CC when it will lead to debt?
Q5: How do you decide on what credit cards to focus on paying off first?
Q6: What are ways to stay disciplined in paying down CC debt? Any tools or tips?
Q7: What do you think about transferring CC debt to another card or loan?
Q8: What types of credit card penalties and fees should consumers be aware of?
Q9: Any final tips for those that want to pay off credit card debt faster?