How can personal responsibility effect your credit card?
Companies will look at your credit report to see how responsible
you are with your loans. If you didn't pay back, or we're late with
a loan on one company, then another company you might want a loan
from might not take the risk. The opposite is true if you are
responsible with your loans. Also your credit score will drop down,
and if you waste you money on useless items/things, then you will
have bad credit.
Related Q&A：
What an example of a type of fee that a credit card company might charge？Oh boy, one common type of fee that a credit card company might charge is the annual fee. You know, it's like a cost you have to pay just for having the card each year. Another one could be the late payment fee. If you don't pay your bill on time, oops, they'll hit you with that fee. And then there's the over-the-limit fee. If you spend more than your credit limit, yikes, they'll charge you for that too. So, you gotta be careful and keep an eye on all these fees to avoid any surprises!
