When talking to them moving company, make sure you discuss details of move. You may consider having them pack up all your items, or you can pack small things away and have them just move boxes and furniture. If you have items that require special care like a piano or pool table, you will need to make sure mover can handle these sensitive items.

Discuss payment arrangements with mover ahead of time. Not all movers accept personal checks so be sure to have right type of payment on hand so your move will go off without a hitch!

Now lets look at same example using rate of 2% minimum monthly payment. Your monthly payment drops to just $50.00 a month. You might be tempted to think “wow, I’ve got an extra $12.50 a month to play with, yippeee!”. Not so fast! That lower minimum payment now means it will take you 34.5 YEARS to pay off your balance of $2500.00 and you’ll wind up paying $6,430.93 in interest!

Consumer Action also reports that many credit card companies are imposing higher late payment fees and “more than a third of card issuers said they will raise existing cardholders' rates because of poor credit histories -- with other creditors -- even if consumer has made regular, timely payments with that issuer”.

My advice is to watch your use of credit carefully, always pay more than minimum monthly due, and be sure to read fine print on any credit card offers or changes to your existing accounts.