Freelancer Writers and Credit Cards

Over at Contract Worker, Rico asks if freelancers should use credit cards. He tells a story on himself about how easy it is to spend more than planned with a credit card.
My hunch is no one should use credit cards unless they are independently wealthy, and even then, only if they pay them off each and every month. The fees and interest are outrageous. Whatever happened to usury laws? Thirty percent? With penalties if I’m late? That’s 30 cents on every dollar… no way, not for me.
It always seems worthwhile to actually look at how long it will take you …read more