ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::Credit

Be Prepared When You Apply For A Credit Card

Author : Sintilia Miecevole
Getting and having a credit card can be a beneficial thing for most people. You will have a big advantage when you have a credit card. A credit card can be especially useful when you want to purchase items remotely. Think how much easier it is to make purchases online, and reserve plane fare or hotel rooms over the phone when you have a credit card. It can also come in handy when you just donÂ’t happen to have cash when you decide to make a purchase. However, there is a flip side to having a credit card! A credit card can cause several problems if you donÂ’t watch your spending habits closely. When you get and use a credit card, you should recognize that you have taken on a big responsibility with some very serious consequences. Following the simple tips below can keep you out of trouble when using your credit card and allow you to enjoy all benefits:



1. A charge on your credit card is the same as taking out a mini loan! Keep track and make sure you donÂ’t overcharge on your credit card, as you have to be able to pay back all whatever amount you have borrowed.



2. Watch the balance on your credit card and keep a record of the balance from month to month. Keeping track of what you have already spent will help you make the decision of whether you can use your credit card for any additional purchases. Even the small $5 purchases you make here and there can add up on a credit card if you donÂ’t watch outÂ…and then the interest will also add to your balance owed.



3. Keep your credit card receipts until the end of the month and compare them to your monthly credit card statement. This practice will allow you to catch any incorrect charges, or sometimes you may catch a purchase you never made! If you do find discrepancies between your receipts and your statement, call your credit card company right away.



4. Neither a lender nor a borrower be! That is a good motto when it comes to your credit card or credit card number. DonÂ’t give these out to anyone! Even though you may trust your family and closest friends, you cannot keep track of purchases you are not making.



5. Make it your habit never to charge more than you can pay back. When you do charge more and donÂ’t pay it back, it can hurt your credit rating and will affect your future chances of getting credit approval. This can include important purchases you may make in the future, like car loans, home mortgages and other kinds of loans.



6. Pay your bills on time! When you pay on time, you will save on accruing interest and extremely high finance charges for late payments. If you miss a payment, finance charges and interest just keep adding up, making your balance get higher and higher.



7. Try to pay all of your credit card balance in full each and every month. Put credit card payments into your monthly budget, and donÂ’t purchase more than that allotment each month.



8. Remember you are responsible for $50 of any unauthorized charges on your credit cards.



9. Keep your credit card for new purchases only. DonÂ’t pay off other household bills with your credit card. This will inevitably lead to more charging and higher balances.


Article Source: http://www.articledashboard.com





Sintilia Miecevole has a host of experience regarding credit cards. She has a site www.flycreditcard.com to provide you with the information you need to use your credit card wisely. Be sure to visit www.flycreditcard.com for an expert resource of features with information for personal and business credit cards.





Spam emails More free articles

Related articles


  1. How Do I Establish A Good Line of Credit?
  2. A Debt Mentality
  3. Are You Worried About Credit Card Debt
  4. Say Cheese
  5. Better the Devil You Know
  6. Paying your credit card on time
  7. Did Your Credit Score Today?
  8. Free Credit Reports: Get Yours Today!
  9. Your Consumer Rights
  10. Building Good Business Credit After Bad Credit
  11. Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?
  12. How To Boost Your Credit Score
  13. Balance Transfers Can Help You Stop Putting Money Down The Drain!
  14. Shoppers Beware - 'Tis The Season
  15. New Law Provides Free Annual Credit Report
  16. Everything You Always Wanted To Know About Your Credit Report
  17. Tired Of Being Broke?...Learn How To Force Banks To Give You Money!
  18. Ways to Look Good without Selling Your Soul to the Credit Card Sharks
  19. Credit Report And Correction Techniques
  20. Ten Steps To Building A Good Credit History
  21. First Major Regulatory and Legislative Victory of 2005 for Creditors and Consumers
  22. When You Are Eligible For A Free Credit Report
  23. 10 Ways To Protect Your Financial Identity Being Used For Someone Else’s Shopping Spree
  24. Credit Cards, Merchant Accounts, and Your Bottomline
  25. Fun with Credit Cards
More related feeds
The Lowdown on Bad Debt Credit Cards
Aside from this, never make purchases through your credit card that you are not capable of paying for on time. If you are not able to handle using your bad debt credit card responsibly, then be prepared to further worsen you credit ...

Should College Students Have Credit Cards
You would see low interest credit card offers with very high credit limits. Credit cards for college students were easy to get - the card offers were sent out in bulk and it was so easy to apply and be approved. People took advantage of ...

The Next Meltdown: $950 bn Worth of Outstanding Credit-Card Debt ...
The big firms say they're prepared for the storm. Early last year JPMorgan started reaching out to troubled borrowers, setting up payment programs and making other adjustments to accounts. "We have seen higher credit-card losses," ...

Instant Balance Transfer Options
Most people are interested card rebates of most people are to have cash rebates, but you do make some good points if two industry leaders comes a new credit card of the shell-citibank MasterCard is an international credit card, you need ...

Will There Be a Merchant Account in Your Online Business Future ...
So the essential question is whether you are prepared for the growing number of online shoppers that want to use their credit card as payment. Because they are coming. And when they get to your site and they don’t find the merchant ...

How to avoid common crimes against tourists
Another good way to avoid this is to use your credit or debit cards if they allow you to in Europe. Then you have no need to carry cash and if you do get mugged then you can call the credit card company or someone at home to ring the ...

The Problem Of Credit Card Debt
In order to be completely prepared against the problems associated with credit card debt, you ‘ll need to learn about credit and money managing strategies. In general it is easier to stay out of debt than to get out of debt once you are ...

What You Must Do About Credit Card Debt
This process is usually rather long and time consuming so it is best to be prepared for that. To properly defend yourself from credit card debt, you’ll need to know quite a bit about credit, managing your money, and finances in general. ...

The Problem Of Credit Card Debt
This process is usually rather long and time consuming so it is best to be prepared for that. The first defense against getting into trouble with credit card debt is to be well informed. You need to know and be clear about which ...

Finance: What is your personal finance work at home?
1) Creating a personal budget finances for you and your family if you have one. You can do this by classifying how the money is used, such as rent, mortgage, food, entertainment, utilities, credit and debit card spending, savings, ...

 


 

© 2007 articlesreader.com - All Rights Reserved