Are you a credit card junkie? Does it matter? Yes, it does matter. And your mistakes also matter. But some mistakes are worse than others. This article discusses some of the most common mistakes and how disastrous they can be… Read and be informed…

how-bad-are-your-credit-card-mistakes: Personal Finance News from Yahoo! Finance 
Source: finance.yahoo.com

Grade yours on a 10-point scale.

Nobody’s perfect. When it comes to our financial lives, we’ve all done things we later regretted — whether it’s getting slapped with a $3 fee for using an out-of-network ATM or going on a Las Vegas bender and losing the house on an overly aggressive poker bet.

The key is to understand the scale of the transgression. With credit card blunders, that’s no easy task — is it worse to take a cash advance or to pay a bill a day or two late? Experts graded a range of credit card mistakes on a scale from 1 (losing a few bucks to a cash machine) to 10 (losing the house). Find out which worry the pros most — and which may (almost) get a free pass. … [MORE]