Marc Lowlicht, head of the wealth management division at Further Lane Asset Management, recommends consumers use a creditcard for financing purchases, but not as actual credit.
It does mean all bookings, almost 90% over the Web, are firm credit-card sales, the flight costs determined by yield-management software familiar to any airline customer.
This option is applicable if you are seriously delinquent or have defaulted on your creditcard payments and is more detrimental to your credit report than debt management.