I have always been careful in using my credit cards. I have known some friends who are in deep trouble due to huge debts incurred with their credit cards. A missed payment would lead to higher interest charge and late payment fees, adding up to the total bill. Credit card can provide convenience and allow you to make purchases with nearly a month to pay for them. And I do not know anyone who still does not have a credit card. For me it is as essential as an identification card. I often update my payments to avoid finance charged.

But one time, I was shocked when I saw my current billing statement with purchases I did not make. And the purchases maxed out my credit limit. In the end, I found out that I had been a victim of identity theft and my credit standing was immensely affected since I could not pay off the bill in the due date. How could I ever pay 7 thousand dollars in one time without resorting to other loans. After a year, I am still in the process of recuperating my credit standing. I know I will not be issued another credit card again with my bad credit score. Good thing there are credit cards for people with bad credit made available online. Now I have one of the credit cards for bad credit I can use as an ordinary credit card. The bad credit credit cards brings back the convenience in my life.