Great Tips For Understanding A Credit Card Statement - 0 views

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  #1 Miles Guldborg on 09 May 12

   

  Many people have despised credit cards since they were first invented. Like a lot of things in life, credit cards can be hard to manage if you haven't got the right knowledge. Read on to find some great tips for anyone looking to expand their credit card knowledge.
  
  Be wary of zero percent introductory card rates. Although 0% interest rate cards look appealing, the rate will increase when the introductory rate is over. Always keep track of your balance when making purchases.
  
  Never under any circumstances pay one credit card with another credit card. Some card holders get cash advances, thinking they will be able to pay emergency bills with it. In reality, this only creates higher fees and interest rates for the following month.
  
  When you pick a rewards credit card, review all the fine print about the rewards program before accepting the credit card. Some rewards have expirations dates so you want to make sure you can use the reward before it expires.
  
  You ought to take the time to give your monthly credit card statement a careful review. Make sure that each new charge is accurate. If there are any charges that do not display the proper amount or ones that were not made by you, you need to contact the credit card company as soon as possible. Disputes are always easier to resolve when you start them as soon as possible.
  
  Pay your monthly bill with at least the smallest required payment. Missing a payment could negatively affect your credit score, which makes it more difficult to access additional credit down the road. In addition, a lot of card providers charge you with late fees for missing a payment.
  
  Always be sure to carefully look over credit card statements. Try to identify problems with the charges for which you know you are responsible, and look for entries indicating purchases that you know you never made. Let the credit card company know right away if something is not correct. That way, you can avoid paying unnecessarily, and prevent damage to your credit record.
  
  The FCBA (an Act covering Fair Credit Billing) is something that you need to familiarize yourself with. This law prevents consumers from being responsible for unauthorized charges to their credit cards. You need to understand how it works in order to enjoy its protection from credit card fraud. In some cases, card issuers attempt to hold customers responsible for purchases they did not make, and the law works to address that.
  
  Track exactly how much you spend each month via your credit card. These types up purchases are usually unnecessary and increase your balance and interest fees needlessly. If you don't pay attention to the amounts you put on your cards, when it is time to pay, you might not be able to afford to pay the bill.
  
  If you lose your card, report the loss immediately. It is a possibility that if your card is stolen and used prior to you reporting the theft, you could be liable for any charges. Once you report your card missing or stolen, the credit card issuer can't make you responsible for unauthorized charges.
  
  Consumers everywhere get a slew of offers daily for credit cards and are challenged with the task of sorting through them. Having some knowledge, and doing some research, can help you understand how to choose the right credit cards easier. The article here has offered wise advice that is aimed at helping consumers make the best credit card decisions.
  
  
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  <div class="cArrow"> </div><div class="cContentInner">Many people have despised credit cards since they were first invented. Like a lot of things in life, credit cards can be hard to manage if you haven't got the right knowledge. Read on to find some great tips for anyone looking to expand their credit card knowledge.<br /><br />Be wary of zero percent introductory card rates. Although 0% interest rate cards look appealing, the rate will increase when the introductory rate is over. Always keep track of your balance when making purchases.<br /><br />Never under any circumstances pay one credit card with another credit card. Some card holders get cash advances, thinking they will be able to pay emergency bills with it. In reality, this only creates higher fees and interest rates for the following month.<br /><br />When you pick a rewards credit card, review all the fine print about the rewards program before accepting the credit card. Some rewards have expirations dates so you want to make sure you can use the reward before it expires.<br /><br />You ought to take the time to give your monthly credit card statement a careful review. Make sure that each new charge is accurate. If there are any charges that do not display the proper amount or ones that were not made by you, you need to contact the credit card company as soon as possible. Disputes are always easier to resolve when you start them as soon as possible.<br /><br />Pay your monthly bill with at least the smallest required payment. Missing a payment could negatively affect your credit score, which makes it more difficult to access additional credit down the road. In addition, a lot of card providers charge you with late fees for missing a payment.<br /><br />Always be sure to carefully look over credit card statements. Try to identify problems with the charges for which you know you are responsible, and look for entries indicating purchases that you know you never made. Let the credit card company know right away if something is not correct. That way, you can avoid paying unnecessarily, and prevent damage to your credit record.<br /><br />The FCBA (an Act covering Fair Credit Billing) is something that you need to familiarize yourself with. This law prevents consumers from being responsible for unauthorized charges to their credit cards. You need to understand how it works in order to enjoy its protection from credit card fraud. In some cases, card issuers attempt to hold customers responsible for purchases they did not make, and the law works to address that.<br /><br />Track exactly how much you spend each month via your credit card. These types up purchases are usually unnecessary and increase your balance and interest fees needlessly. If you don't pay attention to the amounts you put on your cards, when it is time to pay, you might not be able to afford to pay the bill.<br /><br />If you lose your card, report the loss immediately. It is a possibility that if your card is stolen and used prior to you reporting the theft, you could be liable for any charges. Once you report your card missing or stolen, the credit card issuer can't make you responsible for unauthorized charges.<br /><br />Consumers everywhere get a slew of offers daily for credit cards and are challenged with the task of sorting through them. Having some knowledge, and doing some research, can help you understand how to choose the right credit cards easier. The article here has offered wise advice that is aimed at helping consumers make the best credit card decisions.<br /><br /><br /><a href="http://creditscoreconversion.com" rel="nofollow">{how do you repair bad credit|how do you repair credit|how do you repair your credit|how do you repair credit|free </a>, <a href="http://creditscoreconversion.com/free-report.php" rel="nofollow">{how do you repair bad credit|how do you repair credit|how do you repair your credit|how do you repair credit|free </a></div>

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