But every time you apply for a new card, your credit takes a little ding. Missing payments tanks your credit score fast, and only paying the minimum is like throwing money into a pit of interest charges. READ MORE: Study: More Than 1 in 3 New Yorkers Face Financial AbuseDon’t Let Sneaky Credit Card Fees Catch You Off GuardAnnual fees, late fees, balance transfer fees… it all adds up. Why Maxing Out Your Card Hurts Your CreditEven if you’re paying on time, running your card close to the limit makes you look risky to lenders. Helpful Tips to Help You Save Money Everyone is struggling to save money right now here is a look at things you can do to help keep some of that money you earned.