For those looking to eliminate their credit card problems, learning how to avoid penalty fees be a useful bit of information.
In a new story from MoneyExtra, the group analyse how significant these penalties can be and the ways you can possibly avoid feeling the sting from providers.
One useful tip from the article states: "If your credit card bill comes at the 'wrong' time of the month for you - out of sync with your pay, you may be able to request a different statement date from your credit card provider which could make life easier for you."