In these tough times, it can be hard to pay the bills. A recent study by Experian shows that people are having a hard time, and making difficult choices about what to pay.
MarketWatch.com's Jennifer Waters explains that some people pay credit card bills instead of the mortgage. It's a way to keep spending money without making a large monthly mortgage payment.
It may be tempting, but the strategy can't work for long. Credit card companies review your credit, and they'll eventually notice if you've skipped mortgage payments. When that happens they're likely to cut spending limits or close your account -- then you'll have trouble with your home loan and your credit cards.
If you're having trouble paying the bills, talk to a consumer credit counselor before skipping payments. They may have a few ideas that won't make everything worse. If you're not sure where to find reputable counselors, try MoneyManagement.org.