Taking control of micro loan and credit card debt
Micro loan and credit card debt gets the bills paid, but there can be consequences to relying on this type of funding. If you cannot pay cash to make a purchase you cannot afford the purchase. If any credit does not help you save money or make you better off by providing you with a useful reward at no cost to you then consider not using it.
When you want to make a large purchase (e.g.: TV or a piece of furniture), wait until you have saved enough money to buy it. That way, even if you use a credit card or access a micro loan to make the purchase, you will be able to pay the bill in full and avoid finance charges.