What Type of Credit Card Consumer Are You?

Group One -- The Stubborn No Nos

Okay, silly name -- I admit it. However, refusing to use a credit card at all is also kind of silly so maybe the name fits.

This group of credit card consumers refuses to use credit cards no matter what. Now, it's important to note that these are NOT the credit card users who couldn't control themselves and decided to write of credit card use forever. These are the consumers who have never applied for credit cards and immediately shred any credit card offers that come in the mail.

Group Two -- The Wise Men (and Women)

The second group of credit card consumers tends to use their credit cards wisely and pay off the balances each and every month. They also plan their purchases well in advance, and never forget about making a payment. You'll never catch them charging more than they can chew or forgetting about a payment or two.

Group Three -- The Gimmie Gimmies

The third group of consumers uses credit cards to buy items they otherwise couldn’t afford. They want it now and they don't want to wait. These consumers also tend to carry a higher credit card debt.

So What's the Point?

So, now that we've identified the three different groups of credit card consumers, what's the point? First and foremost, it's finding where you fit in...

Are you in group one, two or three? If the answer is anything but two, you've got some issues you need to work on. If you're in group two, you probably read our articles because you enjoy the fact that you're right about so many things and you like seeing it confirmed on paper (or on the Web anyway).

If, however, you fall into group one or three, do yourself a favor. Read through some of our credit card articles, address the current credit card issues you're having and start on the path to improving your credit history and your credit situation.