Thursday, October 29, 2020

How to Properly Use Your Credit Card

Credit Cards and the fine print 

There are many different kinds of credit cards with bad credit available to consumers. You've probably seen plenty of advertising for cards with a variety of perks, like airline miles or cash back. But what you should also know is that there's a lot of fine print to go with these perks.Here are some tips on how to properly use your card so you don’t go beyond the fine print.

Avoid Applying for High Interest Credit cards
Always avoid applying for credit cards that have high interest rates. While interest rates compounded annually may not seem all that much, it is important to note that this interest can add up, and add up fast. Make sure you get a card with reasonable interest rates.

Manage your credit card online 
Most credit card companies now have online resources where you can oversee your daily credit actions. These resources give you more power than you have ever had before over your credit, including, knowing very quickly, whether your identity has been compromised.

credit card tips

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