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Making Use Of Credit Properly To Weather A Down Economy. Utilizing a charge card as your crisis investment is not generally a good plan.

Making Use Of Credit Properly To Weather A Down Economy. Utilizing a charge card as your crisis investment is not generally a good plan.

Making use of a charge card as the crisis investment is not generally a good plan. A large unexpected expense could put you in high-interest debt for months to come, if not years with an average fast installment loans interest rate of 15.54 percent, according to the Federal Reserve.

But if you’re beginning to grow your crisis fund, a charge card can nevertheless offer you only a little satisfaction.