TIP! Before canceling a credit card and closing your account, ensure you understand how canceling it affect your credit. Often, closing out a credit card accounts will adversely effect your credit rating. Although it is helpful to have cash on hand, bank cards are becoming the way of the future. Banks continue to increase all […]

TIP! Pay your monthly statements on time. Know what the due date is and open your statements as soon as you get them. With all of the credit card horror stories out there, it is no wonder that some people are afraid of bank cards. You do not need to be afraid of them. Bank […]

TIP! Take note of all your credit card expenditures, so that you are sure that you are spending within your means. It’s easy to lose track of your spending, so keep a detailed spreadsheet to track it. Sorting out the barrage of credit card solicitations you get in the mail can be a real burden. […]

TIP! Retail credit card accounts should only be opened at stores that you will be shopping in quite frequently. Every application for a credit card is recorded on your credit file, even if you do not actually open up a store card account. Bank cards can be an effective way of buying things online or […]

TIP! If an item truly costs more than you have to spend, don’t use a credit card to buy it. It is acceptable to use your credit to make purchases that you will be able to pay off later, but do not make large purchases that could put you in a financial bind. Credit cards […]