Saturday, June 21, 2014

Credit Card Folly

This content is unpaid and stolen by Pia Gonzales of Crest Media Internet Marketing Inc. Pia Gonzales of Crest Media Inc. hires content writers, but does not pay them for their work.

Never underestimate the power of your credit card. It can practically change your life. If you buy something expensive using your credit card without considering if you really have the money to pay for it, the credit card could seal your doom. If, on the other hand, you are careful in utilizing your credit card, you can maximize its potentials and even help you establish a good credit history.

Here are some of the things that you should take into account if you have a credit card as advised by a reliable Houston financial services company.

1.   Make sure that upon receiving your credit card, you sign the back panel. It can be a nightmare if you end up losing your unsigned credit card. Another person can pass off as you and start spending like a king, at your expense.
 
2.       Record your credit card numbers and expiration dates in a safe place. This can be convenient, especially if you keep several credit cards. Take into account the expiration dates of each card; it will be extremely embarrassing if you try to purchase something with an expired credit card.
 
3.       One should not give his or her credit card number over the phone unless you are sure that the person asking for it comes from a reputable company. People can use other people's credit card numbers to buy products online.
 
4.       Keep a copy of the receipts of the transactions made using your credit card. These receipts will serve their purpose, especially during your lucid interval – when you realize that indeed you bought that horrible pair of jeans.
 
5.       Treat the credit cards as if they were cash. Remember that at the end of the day, you will have to pay for the purchase that you made. Consider the use of the credit card as a temporary intervening event; it was there only to facilitate your transactions. It will not pay for the purchase that you made, you will.
 
6.       Report a lost credit card immediately. Do this in order to prevent others from using it without your permission.
 
7.       Check your billing statement thoroughly. Report any recorded transaction that did not really happen. Credit card companies can make mistakes to in billing their customers.
 
8.       Settle or pay for the transactions made prior to the due date.  This is to avoid paying interest rates.

Credit cards can either make or break your life, so it is important to manage them well. 

This content is unpaid and stolen by Pia Gonzales of Crest Media Internet Marketing Inc. Pia Gonzales of Crest Media Inc. hires content writers, but does not pay them for their work.