Having a credit card can be a good way to build a responsible credit history. Understanding the cards is important, so that a consumer always makes educated choices. This is a listing of top credit tips to help make great credit choices.
Check the details and fine print. If you receive a pre-approved card offer, make sure you understand the full picture. It’s important to know what your interest rate is and will be in the future. Furthermore, make sure you are aware of potential fees or billing grace periods.
Ensure you don’t overspend by carefully tracking your spending habits. It can be easy to spend more on your credit card than you intended, so make the decision to keep a total on a spreadsheet or in a written record. Continue reading “Guidance For Credit Cardholders From People Who Know Best”