Cut your old cards in half and mail them back to the issuers. Include a note requesting the cards be cancelled. You may also be able to get a low interest loan from your bank or employee credit union and have your payments payroll deducted. Once your credit card debt is paid, you can use your cards as a convenience. Since you will be paying your balance off in full each month, the interest rate is no longer a factor.
Credit cards are an excellent alternative to carrying cash that can be lost or stolen.
Credit cards are a good way to keep records for budget and tax purposes. Keep your receipts and check them against your bill every month. These companies do make an occasional mistake. If you borrow cash on your card, the interest begins accruing the next day. Therefore, do not borrow cash on your card .