Here are six expenses you do not put on plastic

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Here are six expenses you do not put on plastic
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Here are 6 expenses you probably shouldn't put on your credit card.

This is one for the books: Don't ever pay for education with credit, as the interest on student loans is nearly always lower. In addition, large charges such as tuition fees will up your credit utilization ratio, which can result in a ding to your credit score. What's more, colleges and universities often add a processing fee of up to 3 percent for card payments.

And if you don't pay off your credit card balance at the end of the month, you'll compound your mortage debt and eat up a lot of your available credit — again impacting credit scores.Here's rule No. 1 for credit card buys: If you can't pay it off in full by the end of the month, don't put it on plastic.

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