Charges That Shouldn’t Be Left to Your Credit Card

Milwaukee bankruptcy attorneyFor many individuals, obtaining and using a credit card is one of the easiest ways to build a strong credit rating—however, this is only true if you understand how to use your credit card properly. Continue reading to learn which types of charges should be avoided when it comes to your credit card.

College Tuition

It may seem like a better option to charge your college tuition, but in reality, you will end up paying more on compounding interest rates if you rely on your credit card rather than a loan for your tuition. Instead, consider a low-interest student loan, financial aid, scholarship, or grant to help fund your education.


Understandably, many of us find it tempting to charge our state and federal taxes, especially when we find ourselves up against unexpected fees and penalties from the IRS. However, it is important to avoid using your credit card to pay your taxes, as processors will collect a fee of anywhere between 1.88 and 2.35 percent.

Medical Bills

Unexpected medical bills can often lead to financial strain, making it extremely tempting to charge treatment fees to your credit card. You may consider asking your provider if they offer any type of payment plan with little or no interest to help you pay off necessary medical expenses.

Big Events

It is important not to use your credit card to pay for big events, such as weddings, honeymoons, or other vacations. Instead, you will want to start saving your money ahead of time, or consider taking out a personal loan when planning these types of large events.

If you are facing a significant amount of credit card debt, it may be time to consult with a bankruptcy attorney. Give the Burr Law Office a call at (877) 891-1638 for more information on your debt relief and affordable bankruptcy Milwaukee options.