It’s always handy to carry a little cash, but more and more, credit cards are becoming the standard way of purchasing things. Banks continue to increase all of their account fees, so more and more people are moving to credit. This article will help you to navigate the tricky world of credit cards.
If you know that someone made a charge on your card without your permission, report it as soon as possible. By doing this, you can help your credit card company catch the thief who is making these unauthorized charges. It also ensures you are not responsible for any charges made on the lost or stolen card. A simple phone call is usually all it takes to report fraudulent charges or put a hold on a stolen card.
Credit card companies calculate their minimum payments so that you can pay a small amount and let them earn a large amount of interest from you over time. Always pay more than just the minimum amount required. This will help you to avoid high interest rates, and it will also help you take years off of the payment structure.
Try to avoid any credit card fees–late payment fees, annual fees, …