Paying bills with credit cards is financial suicide
Using a credit card to pay household bills is “financial suicide”, an insolvency expert has claimed.Richard Sorsky, of the UK Insolvency Helpline Debt Advice Service, warned consumers against using their credit card to pay their mortgage, tax, and other financial commitments.Credit cards should be reserved for emergency use only, he said.“Consumers are drawing cash out [...]
Paying bills with credit cards is financial suicide
