Many people have owned credit cards and found themselves in trouble with high interest rates and increasing amounts of debt. This is because they either didn't research their cards before applying for them, or because of bad spending decisions. You can avoid making these mistakes with the tips and advice from this article.

Inspect the fine print carefully. If you have a pre-approved credit offer, or if someone claims they can assist you in getting a card, gather all the details first. Find out the exact interest rate and the time that rate is in effect for your card. Additionally, you may wish to know about their fees and any applicable grace periods.

Don't sign up for a credit card if you have not taken the time to read all of its terms and conditions. It is especially important to read the details about what happens to rates and fees after any introductory period. Read its entire policy, including the fine print.

If you have just turned eighteen, you might want to think twice before applying for a credit card. Although many people do this, you should take some time to become familiar with the credit industry before getting involved. Take the time to learn how credit works, and how to keep from getting in over your head with credit.

If you are about to start a search for a new credit card, be sure to check your credit record first. Make sure your credit report accurately reflects your debts and obligations. Contact the credit reporting agency to remove old or inaccurate information. A little time spent upfront will net you the best credit limit and lowest interest rates that you may be eligible for.