Contrary to popular belief, credit card companies are not just out to make you spend lots of money. If you can't pay them back, go into default, or declare bankruptcy, they won't see the money you owe them. Bank of America has created a great infographic to help you understand being smart about your debt.
You will need to click the image to see it full size.
Source: Bank of America


Cori is a 29 year old living in Philadelphia. Making Cents of It stems from Cori's experiences as a young professional living on an entry level salary. Her goal is to help other 20-somethings enjoy life without going broke.
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