Weekly Tips

Weekly Tips

Weekly Tip: Dispute damaged credit card purchases.

Although it is common knowledge that you can dispute billing errors and fraudulent transactions with your credit card issuer, many people do not know that they can dispute charges for damaged goods paid with credit cards. Let’s say you get home after buying a vase and you realize it has a crack in it. You call the merchant, but they refuse to give you a refund. Luckily, you may be protected by your credit card issuer under the Fair Credit Billing Act.
 
Updated by Alice Bryant on Tue, 2014-03-11 16:01

Weekly Tip: Contact Your Credit Card Company Before Traveling

There’s a lot to do before taking a big trip. And although you are sure to pack your credit cards, you may not even think about contacting your credit card company.
 
Updated by Alice Bryant on Wed, 2014-03-05 15:40

Weekly Tip: Avoid Deferred Interest Credit Cards

Buy now & pay later... It sounds like a deal! 
 
Deferred interest credit cards are advertised as free credit cards that shoppers can get right on the spot. They are offered by major retailers, such as Walmart and Home Depot. So, if you want to buy a computer but don’t have the money, here is a $1000 credit card. You automatically get approved, and you even get 0% interest for a specified term! Deferred interest cards seem like a dream come true for shoppers who don’t have the money to buy what they want. They can worry about paying later.
Updated by Alice Bryant on Fri, 2014-02-28 13:10

Weekly Tip: Keep Track of Your Credit Card Rewards

You may have a rewards credit card, but are you using those rewards?
 
According to a survey conducted by Princeton Survey Research Associates International, 73% of Americans who are enrolled in rewards programs have no idea how many points they have. In addition, some of those people rarely or never redeem their credit card rewards.
 
Updated by Alice Bryant on Fri, 2014-02-21 08:30

Weekly Tip: Know Your Consumer Rights

As a cardholder, you have certain rights under the federal law. The Consumer Credit Protection Act insures that consumers are legally protected when it comes to borrowing money, applying for credit, and dealing with debt. It is broken down into several specific regulations to guarantee consumer protection.
 
  • Truth in Lending Act: This act requires issuers to explain all the terms of the contract in detail, in language the average adult can understand, before the consumer enters into an agreement. 
Updated by Alice Bryant on Wed, 2014-02-12 10:15

Weekly Tip: Save Your Receipts

Weekly Tip: Save Your Receipts
 
Most people trash their receipts. They add up fast, and before you know it, you have a ton of pieces of paper floating around your purse or lying around your house. However, getting rid of your receipts  isn’t always the best idea. Without your receipts, you have no physical record of your transactions. This can be problematic if there are fraudulent charges on your account.
 
Updated by Alice Bryant on Fri, 2014-02-07 14:34

Weekly Tip: ALWAYS Read the Fine Print When Signing Up for a New Credit Card

When you’re applying for a new credit card, it’s easy to go for the most popular cards or the ones with flashy promotions. But before you get stuck with a credit card you may not want, read the fine print.

Updated by Alice Bryant on Thu, 2014-01-30 13:58

Weekly Tip: Is it Bad to Miss a Credit Card Payment?

Missing a credit card payment may not seem like a big deal, but it can easily sink your credit score. When you skip a payment or make a late payment on your credit card, mortgage, or loan, creditors will think that you are not financially responsible. Even if it just happens once or your payment is just a few days late, you can end up in a lot of trouble.

Updated by Alice Bryant on Wed, 2014-01-15 10:08

Weekly Tip: Set a budget for yourself

2014 is the year to get your finances under control and save money, right? Like many New Year’s resolutions, this task may seem daunting. It is hard to save money and change your spending habits, but it’s not impossible. By setting a budget for yourself, you can easily stay on track throughout the year and fix your finances.

Updated by Alice Bryant on Tue, 2014-01-07 15:58

Weekly Tip: Keep Credit Card Balances Low

It’s easy to keep swiping your card over and over again, especially with the holiday season upon us. But be careful not to get too close to your credit limit when you’re swiping away.

Updated by Alice Bryant on Tue, 2013-12-17 10:59

Pages