When November rolls around every year, stores begin advertising like crazy, and people start getting in the mood to shop. Just about everyone has a list of people for whom gifts must be purchased, and the only way to accomplish this is obviously to spend money. Unfortunately, many people see the holiday season as a good excuse to put all purchases and expenses on a credit card because they dont have enough cash on hand to pay for everything all at once.
Top 10 Ways To Save Money On Credit Cards
The following tips are basic principles about obtaining and using credit cards that can save you some serious cash and keep you out of debt.
Tips For Avoiding Credit Fraud
There are a variety of ways that thieves can get your information and use your cards to make purchases. Here are a few of the more common ways:
Line Of Credit Or Loan?
When you need cash, is it better to obtain a line of credit or get a loan? The answer depends mainly upon your self discipline and what you plan on using the money for. If you want to make fixed payments over a specific period of time, then a traditional loan is your best option. If you prefer to have a line of credit that you can use whenever you need to as long as you have money available, then a line of credit is probably the route you want to take.
Hidden Credit Card Fees
By federal laws, credit card fees cannot actually be “hidden” from consumers, but that doesn’t mean that all credit card users fully understand how they are charged or what instances will result in fees or increases to existing rates. Sometimes, the fees are provided in the small print of the back of your statements, or only in the account disclosure statement you receive when you first open the account- so it’s easy to over look the fine details of credit card fees- and that…
Holiday Shopping And Credit Cards
Minimize Credit Card Spending During the Holidays
Contact-Less Payment With Credit Cards?
An embedded radio chip in credit cards could change the way we use our plastic friends when making purchases in retail establishments. The magnetic strips weve become accustomed to on the backs of our credit cards are sharing the small surface area with something called radio frequency identification, otherwise known as RFID, and may someday make swiping credit cards a thing of the past. The RFID system would let credit card users hold their card within an inch or two of…
Don’t Be A Victim Of Identity Theft
Just about everybody has heard of identity theft, but most people do not believe it could ever happen to them. The fact is, identity theft is more common than most believe. It’s not hard for identity thieves to obtain all of the information they need in order to assume another person’s identity, but it can be made a whole lot harder for them if people remain smart and protect themselves as completely as possible.
When it Happens
If a person becomes a victim of identity…
Maintaining An Optimal Balance
Once solely restricted to the wealthy, now almost any one can obtain a credit card including the most favored, first year college students. It’s no wonder then that U.S. consumer credit card debt stood at over $735 billion in 2003 which further breaks down to approximately $12,000 per household for those who elected to carry balances from month to month. While the advertisements of the Visas and MasterCards of the world continue to tout the convenience and ease at which you c…
Making Sense Of Your Credit Card Statement
Whether you are new to the world of credit cards, or a seasoned veteran, understanding the information in your credit card statement can be confusing. There is a lot of information packed onto a single page, and if youve never taken the time to review your statement in detail, it may be a good idea for you to do so. That way you are more likely to notice if there are any abnormalities with a statement that might indicate identity theft or merchant errors.
The statement sh…
How Many Credit Cards Should I Have?
Enticing credit card offers fill the mailboxes of thousands of Americans every day. Accompanied by amazing offers of zero percent interest for six months and no fees for balance transfers, 15% to 20% off your first purchase, discount hotel rates and free movie tickets, the list goes on and on. And on impulse we fall to our knees and sign on the dotted line without thinking about just how much another credit card will affect our families, our credit histories, or our financial…
Be Smart With A Credit Card And Use It Wisely
Owning a credit card is something that can be a very positive thing as long as it is used responsibly. There are many ways for people to use credit cards to their advantage, but there are also ways for credit cards to get people into financial trouble. By following a few simple tips related to managing credit card usage, a credit card can be a very beneficial piece of plastic to own.
Establishing Credit
For anyone who has never before owned any sort of credit card and ha…