If anyone told you that the system was created to trap you, they are lying. There are so many ways to use a credit card and build a credit score while you're at it. When you work in retail, you'll find the smartest individuals paying the minimum instalment amount on their accounts, then purchasing for that amount or more and still ask "Why is my balance not decreasing despite me paying every month?". I don't always feel like explaining the obvious, and I am not obligated to do that either. Anyway. Here are the few things I learned while using the credit card issued to me: A credit card is an ongoing loan. Everything you are purchasing on that card is purchased with money you are borrowing from the bank. Don't be mistaken; everything you buy using the card is yours. You just have to make sure you pay it back. Let interest accrue a bit. It's better for your score if you let interest accrue. Doing that gives banks and other credit institutions know that yo...
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