What do some people equate a credit card with getting free money?
some people think like this 1 credit card 1000£ limit 2 credit card 2000£ limit 3 credit card 2500£ limit right what they think will work is they spend the thousand pound on the 1st card and then use the second to pay the bills then when they see the bill for the second they take a third to pay that and keep up the pay ments to the now nearly paid for first card(hopefully) so then they take the money from the first card and try to pay the third with it but this way of thinking is deeply flawed becouse of the rates that you are chaged for borrowing on the cards and whilest you might have got a 1000 pound for nothing sooner or later juggling that mess of debt will become imposible.
