With her debt wiped out and a modest savings account, Francine knows she needs to rebuild her credit – and ironically, credit cards are the easiest way to do that. She also knows they have other advantages
. So she recently got a cash-back card. But she’s a little nervous about sliding back into old habits.
“I’ve been using it like a debit card,” she says. “Every time I buy something, I automatically deduct it from my checkbook.”
So what happens now? She doesn’t know. But she knows this much: “I was afraid because I didn’t want to have to work till I’m 80.” Now she knows she won’t have to.
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: Ask Stacy: Where Can I Go for Help with Debt? Dealing with Debt: Credit Counseling Will Credit Counseling Hurt My Credit Score? The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.