This piece will build you some education in your use of credit cards and dodging the troubles associated with them.
Plan a budget that you will have a problem following. You should not think of your credit card limit as the total amount you can. Be aware of how much you should set aside for each month so you may make responsible spending decisions.
Always pay off credit card 소액결제 on time. On top of that, you could be permanently charged a higher interest rate, which means that anything you buy in the future will cost more money.
Many credit card thieves say they got their cards to get stolen from unsecured mailboxes.
Retain a copy of the receipt when you utilize your card. Keep these receipts and compare them with your statement so you can be sure the correct amount. File a dispute if there is any discrepancy. This method ensures that you are not responsible for.
Do not lend out the credit cards for any reason. Even if the friend is a very good one and they are really in need of the card, it’s not smart just to lend a card out. It can lead to large fees if your friend spends more than you had authorized them to.
Have a list you keep of your credit card accounts by number as well as the lender’s contact numbers. Keep it in a safe spot, like a safety deposit box, away from each of your credit cards. The list is useful as a way to quickly contact lenders in case of a lost or if they are stolen.
Most professionals say that a credit card should be no greater than 75% of what your salary is every month. If your balance is more than you earn in a month, you need to work hard to pay it off quickly. This is mainly because the interest you pay can quickly get out of control.
These cards that require some kind of balance as collateral. In actuality, you are borrowing your own money and paying interest for the privilege. This is not a perfect situation, but it might be one of the only ways that will build you repair your credit. Just make sure you still need to ensure the company you’re dealing with a reputable company. They might eventually offer you better cards later which can further enhance your credit score.
Compare the credit card debt shown on your statements to the debt on your credit report and make sure the information matches.
Know your credit card laws that you are protected. Credit card companies are prohibited from imposing retroactive rate increases, as an example. They are also never allowed to do any double-cycle their billing practices. The two major legislative changes recently are the CARD Act and the Fair Credit Billing Act.
As you have seen, it can be all too easy to cause problems for yourself by using credit cards improperly. A few too many cards, a few too many expensive purchases, and before you know it, you are in trouble! Use the information you’ve read here to become a more educated credit user and make smart financial decisions.