Which is considered a good credit practice? Use the credit card with the highest interest rate. Make late payments. Pay more than the minimum amount that is due. Borrow more than one can afford to repay.
Logic: because of high interest (to avoid paying hundreds of $ extra annually) you have to pay out as much as you can as fast as you can to avoid penalties.
Fact: every year american banks make over 6 bilion $ just from these kind of penalties(interest) alone!
