How to avoid your credit headache

It just seems to be that when it comes to a credit card and the average American, no matter how much that person may try to avoid high interest rates, late payment, or overdrawn charges, he or she with inevitably run into a billing issue with the company that issues them a card and they will find themselves in a rut trying to fix the problem.

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How To Avoid Credit Card Fraud

lifehacker lifehacker - 12 months ago

Do;

  • Sign your cards as soon as they arrive
  • Think about carrying your plastic in a separate wallet/purse from your cash
  • Always try to keep an eye on your card during a transaction. 
  • Save ALL receipts and check them off against your monthly statement
  • Try to get a credit card where you can manage your details online then you can quickly discover any fraud problems
  • If the shop or restaurant uses the old style carbon type payment slips make sure the carbon is ripped up
  • Open and check bills that you receive through the post at once, if there is a problem then contact the card company at once
  • Be especially wary of paying bills in Chinese Restaurants.
 

Don't;

  • Lend your card to anyone
  • Leave your cards and/or receipts lying around
  • Sign your Card without drawing lines through any spaces on a payment slip where digits can be added when you’ve left
  • Give your credit card number over the phone unless YOU start the call
  • Never fill in your credit card number on any email that you receive unlessYOU started the email correspondence first, but even then it's often a better idea to make a telephone call
 

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Avoiding Credit Card Debt

lifehacker lifehacker - 12 months ago
  • Keep the Right Perspective
  • Manage your finances
  • Shop for the Right Card
  • Read the Fine Print
  • Know Your Interest Rate
  • Pay the Balance in Full
  • Pay on Time
  • Use it Like Cash, Not a Credit Card
  • Limit the Plastic in Your Wallet
  • Avoid Extra Expenses
  • Cash Advances
  • Extra Products
  • Early Education

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Avoiding Credit Card Woes

lifehacker lifehacker - 12 months ago

 

  • You should first choose a card company rather than let a company choose you.
  • If you do get into a bind, you’re not obligated to keep a card. 
via pcbs

 

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6 Simple Steps to Avoid Credit Problems in a Bad Economy

lifehacker lifehacker - 12 months ago

 

1. Curtail spending

2. Save an emergency fund

3. Make debt elimination a priority

4. Scale back your lifestyle

5. Make sacrifices and buy on cash.

6. Make a commitment to stay away from credit.

via zenhabits