credit cards

Tag: credit cards

10
Feb
2018

Solid Advice That Can Improve Your Credit Rating

Having bad credit can be a real headache. When you are dealing with bad choices of your past, it can be frustrating. Rebuilding credit may be challenging, but it is not impossible. These suggestions can help.

If you don’t have very good credit, financing your home may not be easy. Look into alternative financing options like FHA loans. You may even be able to secure your down payment and closing costs through an FHA loan. It depends on if you qualify.

The first thing you should do when trying to improve your credit is develop an effective plan and make a commitment to adhere to it. Making changes to become a wise spender means you have to make a budget and rules, then follow them. Be sure to buy only the things that you need. Put each potential purchase to the test: is it within your means and is it something that you really need?

You may be able to reduce interest rates by maintaining a favorable credit rating. This will help you afford your payments, and get out of debt quickly. Receiving competitive credit rates and good offers are important in having credit that you can pay off easily, and that will get you a great credit score.

Try to get a secured credit card if you are not eligible for an unsecured card. This will help you fix your credit. Anyone can get one, but you must load money onto the card as a type of “collateral”. Limited spending and regular payments can turn a new credit account into a valuable credit restoration tool.

Any of your credit cards with balances that are above 50% of your overall limit need to be paid off as soon as possible, until the balance is less than 50%. If you let your balances get too high, your credit rating will drop significantly. You can either spread your debt out by transferring some of the balance to low interest cards, or better yet, pay off as much as you can.

Credit Score

An installment account is a great way to increase your credit score. You should make sure it is an installment account that you will be able to pay into every month. Paying on time and maintaining a balance will help improve your credit score.

You can get better interest rates on credit cards and loans when you have a good credit score. This will make your payments easier and it will enable you to repay your debt a lot quicker. Try to get the best offer and credit rates so you can increase your credit score.

Good credit scores mean you can easily qualify for a home or car loan. You can improve your credit by paying your mortgage on time. Once you own a home, you will have financial stability secured by your assets, thus a good credit score. Financial stability is important should you need a loan.

Following the advice given here will go a long way towards building the credit score that you want. Just be sure to remain consistent and follow through on your obligations. It’s definitely possible to repair your credit, so don’t worry and get going!

Paying off any debts you have that have high interest rates can help you to avoid paying too much. The incredibly high interest rates can get challenged and reduced in some situations. It is important to take into account the fact that you did sign a contract and agreed to pay off the attached interest. It is possible that you can sue a creditor and claim that the interest rate charged is unreasonably high.

04
Feb
2018

Best Tips On Fixing Your Credit Problem

categories: Personal Finance

If your credit report contains errors, it will lower your score, making it hard to obtain new credit. The most economical way to fix your credit is to do it yourself. This article contains the tips you need to repair your credit.

Creating a payment plan and sticking with it is just the first step to getting your credit on the road to repair. Making changes to become a wise spender means you have to make a budget and rules, then follow them. Only buy what you absolutely need. Before purchasing an item, ask yourself if it is absolutely necessary and well within your financial means. If you cannot answer each of these in the affirmative, do not buy the item.

Your low credit score will cut your interest rates. Monthly payments are easier this way, and you can pay off your unpaid debt. Paying your outstanding balances on time is the best way to keep your credit in check, and to obtain lower interest rates.

Having poor credit makes financing a home a nightmare. If this is the case, try to get an FHA loan, which are loans backed by federal government. Even when the resources for making down payments or paying closing costs are lacking, FHA loans can help.

Interest Rates

If you want to avoid giving too much to your creditor, simply refuse to pay towards unfairly huge interest rates. The incredibly high interest rates can get challenged and reduced in some situations. Remember you agreed to pay any interest that accrued over the life of the account. If you want to sue creditors, you need to state your claim that the interest rates are too high.

You can work with the credit card companies to start repairing your credit. Talking to them will help keep you from drowning further in debt and making your credit worse. This can be accomplished by negotiating with them for a change in due date or monthly charges.

If you have a card that carries a balance of over 50% of the limit, you should pay it down to below 50%. Your credit score can be negatively impacted if you are carrying a large balance compared to the available credit you have. While you are paying off these cards, reduce the balance to a small percentage of your available limit.

Find out how the process will affect your credit rating before you agree to any debt settlement agreements. Some agreements won’t hurt you as much as others. This is why you should research all of the available ones for you before signing an agreement. Some are out there just to take your money; they don’t care about your rating.

Check any negative items on your reports carefully when you begin fixing your credit. Even if the negative credit item itself is not erroneous, if any of the data pertaining to it is, then you may be possible to have it removed from your credit report.

Joining a credit union can give you opportunities to increase your credit score. Credit unions are normally located in communities and offer lower interest rates than national banks.

If your creditors try to jack up your interest rates, do not pay them. Creditors are skirting a fine line of law when they try to charge you exorbitant interest rates. However, you agreed to pay the interests off when you signed the contract. Your interest rates should be regarded as too high if you plan on suing your creditors.

Do not use credit cards to pay for things that you simply cannot afford. This might require a re-thinking of your lifestyle. In years past, many people relied on credit cards to make major purchases, but now those risky financial choices are catching up with them. You should look at what you can afford to spend, before using credit for purchases.

As discussed here, there are numerous tools and methods to help you resuscitate an ailing credit history. Our helpful tips provide several ways for you to acquire a healthy credit score. Monitor your credit score and watch these self-help tips produce measurable results.

An important tip to consider when working to repair your credit is to work closely with your credit card companies. If you do this you’ll find that your debt doesn’t increase and your credit is improved. Don’t be afraid to ask for alterations in interest rates or dates of payment.

04
Feb
2018

Simple Ways To Move Closer To The 1% With Your Personal Finance

categories: Personal Finance

Are you looking to better your financial situation? All you need is a little know how to make the change. There is plenty of advice to set you on the right path.

Stop spending money on things that promise you money overnight. Internet marketing, for example, is a field that makes it all too easy to waste more money than one makes back. Learning is good for business, but keep an eye on your bottom line. Remember to work productively more than you spend.

It is important that you file your federal income taxes in a timely manner. To receive your tax refund as quickly as possible, you should file your income taxes early. If you expect to owe money, you ought to file close to the April 15 deadline.

Don’t sell if the time is not right for you. If you see that the earnings potential for a stock is there, refrain from selling for a short time. Try to look what stock you have and move them around to better suit you.

In order to build good credit, you should be using two to four credit cards. Using one card can take a while to improve your credit, while using over four cards can represent a lack of being able to manage finances effectively. Begin with two cards, then add additional cards as necessary to build your credit.

You can save a good amount of money if you remain patient. A lot of people splurge on buying the very latest and greatest electronics, for example. However, if you take a step back and wait for a bit, the price will likely drop. This will save you money in the long run.

Health Insurance

This is a time of considerable economic uncertainty, so it makes sense to save your money in several different places. Savings accounts, high-interest savings accounts or checking accounts, regular checking accounts, money-market accounts, stocks and gold are all sound places to keep your money. Protect your money with whichever of these ideas appeals to you.

Help manage your personal finances with a good insurance policy. Eventually, everyone gets sick. It is critical that you have some type of health insurance coverage. Hospital and medical bills can climb as high as twenty thousand dollars or more in some instances. This can wipe out your finances and leave you with a pile of debt if you don’t have health insurance.

Do not put any more charges on your card if you are experiencing a hard time paying it off. Try to lower your expenses as best as you can and look for other payment methods, so that you don’t max your credit cards out. Pay off what you owe before you charge anything else to the card.

You should now have a clearer understanding about personal finance. The tips you’ve read will be able to guide you towards financial stability. All that you need to do now is actually do it, financial freedom is right around the corner!

Documenting each purchase you make daily can allow you to learn where your money is going. However, you should keep in mind that if you write what you’re spending in a book that you won’t look at for the majority of the day, your finances may be forgotten. Try listing how much you spend on a whiteboard set up in your office or den. It’s hard to overlook such a large board, so this can help your goal stay on the forefront of your mind.

01
Feb
2018

Helpful Credit Card Strategies To Help You Get By

categories: Personal Finance

Everyone should have one credit card simply to build good credit and learn basic money-management skills. It is necessary to gain an understanding of charge cards, however, in order to use them wisely. Below, you will find some great information about charge cards in general, from the types of rewards you could receive to different ways to keep up with your payments.

A minimum payment is there in order for the company to milk money from you for a greater length of time. Every dollar over your minimum payment goes to pay off your balance, so always pay a higher amount than the credit card company asks you to pay. This will help alleviate some of the interest over the lifetime of the balance.

Do not hesitate to pay off your card balances, in full, each month. In general, it’s best to use credit cards as a pass-through, and pay them before the next billing cycle starts, instead of as a high-interest loan. Avoid finance charges by paying the balance in full and improve your credit rating at the same time.

Try to avoid using your credit cards to buy items that are way out of your affordable range. While it’s suitable to pay for an item that you can afford to pay for later, don’t buy something that’s seriously out of reach.

Credit Card

It is important to be wise when it comes to credit card spending. Limit spending and only buy things on your credit card that are affordable to you. Before you decide to use a credit card to purchase an item, make sure you can pay off the charge as soon as you receive your statement. It is very easy to create too much debt that cannot be paid off at the end of the month.

It isn’t the best idea to get credit as soon as you turn 18 years old. Though it is a common occurrence, it is best to spend time learning about the inner workings of the credit industry before you wade in. Seek advice from someone you trust prior to getting a credit card.

Don’t close an account without understanding the consequences. Depending on the situation, closing a credit card account might leave a negative mark on your credit history, something you should avoid at all costs. For the oldest cards that make up a big chunk of your credit score, it is worth trying to keep them open.

It is important that you have a good credit score if you desire a good credit card. Credit scores are always used by card issuers to decide which cards an individual consumer may receive. The ones that have the lowest rates, best incentives and the highest points are only given to people with excellent credit.

Card Information

Be careful when you use charge cards online. Only give out your confidential credit card information to businesses you trust and who have secure websites. Any site that is secure will protect your identity, and keep your credit card data under lock and key. Be sure to ignore emails asking for card information as these are attempts at getting your personal information.

Avoiding late charges is important, but you also want to avoid going over your limit because you will be charged for that as well. These fees can be very expensive and both will have a negative impact on your credit score. Keep an eye on your finances, and don’t go over your limits.

As was stated in the beginning of this article, charge cards can benefit individual’s as they work to build their credit and take charge of their money. Understanding individual cards is critical, as this can assist people in making educated choices. Grasping the basics of credit cards help consumers make better spending and credit decisions.

30
Jan
2018

Take Your Stand – It’s Credit Improvement Time

categories: Personal Finance

With so many individuals and families suffering from the financial effects of job losses, increased cost of living, and considerable difficulty making ends meet, it is no wonder that millions are faced with unfavorable credit scores. Fortunately, these tips will help you build your credit score.

Pay down any credit cards with a balance in excess of 50%, preferably getting them down to 30%. Your credit score can diminish with balances over 50%, so spread out the debt or pay off the credit cards.

It is easy to get a mortgage for a house if your credit score is good. Making your mortgage payment on time each month will also boost your credit score. Owning a home provides financial stability which is backed by your asset, the home, and as such, results in great credit. If you have to take out a loan, this will help you.

Financing a new home can be a challenge, especially if you have a history of bad credit. Federally guaranteed loans (FHA loans) may be an option. FHA loans are great for the individuals that do not have the financial capability to make down payments.

Legitimate negative credit problems can not be easily wiped away from your credit rating, so be wary of companies that promise they can do so. Sadly, harmful entries remain on your report for roughly seven years. It is possible, however, to remove errant information.

Credit Counseling

Never hire a credit counseling company without doing some research, so as to ensure they are a reputable organization. Some credit counselors offer real help while others have more dubious things in mind. Some are simply fraudulent and are out to get your money. A savvy consumer will always do his or her research on any credit counseling service to ensure that the agency is legitimate.

Having a lower credit score can lower your interest rate. Doing this can reduce monthly payments, which will assist you in paying off any outstanding debts faster. Try to get the best offer and credit rates so you can increase your credit score.

Give your credit card company a call and ask them to lower the limit on your credit card. It will pay off in lowering the risk of excessive borrowing and reflecting good financial decision making on your behalf.

Now that you better understand different credit improvement methods, it’s time to develop a plan and put it into action. Do not allow your credit score to dictate the way you are able to live your life. You can use the techniques that have been provided to improve your credit score and live a more fulfilled life.

15
Jan
2018

The Best Advice Available For Personal Finances

categories: Personal Finance

Life can be hard if your finances are not in order. This advice will help to sort out your finances.

Quick Schemes

Don’t waste your money on get-rich-quick schemes or any other instant cash program. Many people have fallen into the get rich quick schemes located on the Internet. While it’s important to increase your knowledge, rather than spending a lot of money, learn more through actually working.

The key to total happiness and success is money management. Investing capital wisely and guarding profits sensibly will increase your wealth. If you are able to properly manage your profits, you will see a return from your investment. Fixing a firm ratio between profit and reinvestment will help you keep a handle on your money.

Never sell unless circumstances suggest it is wise. If a stock is earning good money, just let it stay as is. Focus on the stocks that aren’t doing well. You can decide whether you want to sell these stocks.

In this economy, it’s best to have multiple savings plans. Savings accounts, high-interest savings accounts or checking accounts, regular checking accounts, money-market accounts, stocks and gold are all sound places to keep your money. Make use of as many of these as you want to maintain stronger finances.

Purchasing bulk orders of lean protein meats can save you both time and money. In most instances, purchasing items in bulk is the most budget-friendly option. If you cook meals for the rest of the week, it can save you a lot of time.

Avoid paying large fees when you invest. Brokers that deal with long term investments charge fees for using their services. When you calculate your potential profits, these charges should be part of your equation. Avoid brokers who charge large commissions and don’t invest in funds that come with excessive maintenance fees.

Use multiple credit cards instead of maxing out one. Having to pay interest on two different cards will be a lot lower than paying a maxed out one. This should not have as bad an impact on your score as a maxed card would. You could possibly help your score through managing the cards wisely.

Credit Repair

You need to resolve debt problems if you want to fix your credit problems. This is the first step towards credit repair. Cut back on spending and pay off debts, loans and credit cards. Reduce your food bill by eating at home more and going out less on weekends. You will have to cut back your spending and sacrifice some things if you are serious about credit repair!

Your credit score might even dip a bit when you first start working on it. However, this is not an indicator that you have made a misstep. Stay dedicated to accumulating positive information on your credit report, and your goals will eventually be within reach.

When dealing with credit cards and your finances, the safest way to stay on track is to limit your use of them as much as possible. Before you decide to use a credit card, think very carefully. Before deciding to make a purchase using a credit card, you should consider the amount of time and the interest that will be charged if you complete the transaction. You should stay away from charges that are not necessary, or that you can’t pay off within a month’s time.

Buying a car is an important decision. The easiest way to get a cheap price on your next car is to shop, shop, shop around to all of the car dealers in your driving radius. If you aren’t finding a good deal, then there is always the Internet.

Managing your personal finances better will help you relax and feel more in control. If you can control your finances, you can reduce your overall stress while having more time to spend on the rest of your life.

When you are having trouble keeping up with your credit card payments, then you really need to stop using it. Go over your expenses and eliminate things that are not vital to your survival. Try to find another form of payment for the things that you really cannot live without. Don’t use your card until your monthly balance has been paid off.

11
Jan
2018

Tips For Finding The Best Credit Card Deals

categories: Personal Finance

Credit cards are useful because they allow people to purchase items without having to instantly pay for them. Before you start spending on your new card, you need some basic information to prevent you from accruing too much debt. Read this article for great credit card advice.

Carefully study all of the small print. Make sure you understand what you are getting involved in, even if it is a pre-approved card or a company offering help with getting a card. It’s important to know what your interest rate is and will be in the future. You must also be sure to learn about grace periods and any fees that may be applied.

Most people don’t handle bank cards the right way. While it’s understandable that some people get into debt from a credit card, some people do so because they’ve abused the privilege that a credit card provides. To handle credit cards, correctly pay off your balance each month. That way you are using credit, keeping a low balance, and improving your credit score all at the same time.

Never use a credit card for purchases that are beyond your means. 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 Card

Be sure to read the fine print of the credit card terms carefully before you begin making purchases to your card initially. Most credit card companies consider the first use of your credit card to represent acceptance of the terms of the agreement. The print on the agreement may be small, but it is important to read it carefully.

Read and understand all the terms and conditions before signing up for any credit card. By looking at the fine print, you may discover terms that are not immediately apparent from the large-type marketing copy. The credit card policy must be understood if you want to avoid future difficulty.

Set yourself a spending limit on your credit cards. Most people use a budget for their income, so budgetting your credit card is a great idea too. Your credit card is not extra money, so never view it this way. Have a certain amount set aside that you are willing to spend on your card each month. Remain committed, and repay that amount religiously every month.

Using credit cards carefully provides many benefits. The tips in the preceding article will give you lots of useful incineration so you learn how to use a credit card responsibly.

02
Dec
2017

How Many Bank Cards Should You Have? Here Are Some Great Tips!

categories: Personal Finance

Great credit cards can be lifelines in financial jams. Do you need to purchase something, but you do not have the cash on you? Using charge cards recklessly can lead to negative credit reports and financial ruin. Pull out your credit card, and you will be on your way. Do you want a better credit score? It is easy to do that with a credit card. Read this article to learn about more benefits you can get from a credit card.

Only apply for store cards with merchants you shop with often. Every time you try to open a card, this action is recorded. Racking up a list of inquiries from several different retail stores can cause your credit score to drop.

A lot of people don’t handle their credit card correctly. While it’s understandable that some people get into debt from a credit card, some people do so because they’ve abused the privilege that a credit card provides. The very best thing that you can do is pay off the balance every single month. This will help you establish credit and improve your credit rating.

Learn how closing a line of credit will affect you prior to closing it. You should avoid closing an account if it gives you a negative mark. Furthermore, work on keeping open the cards you have had the longest.

Credit Score

In order to maintain and improve your credit score, it’s best to make card payments before the day they’re due. Paying your bill late can cost you both in the form of late fees and in the form of a reduced credit score. If you set your accounts on an auto pay schedule, you will save time, and possibly money, when you pay your bill.

Whenever you can manage it, you should pay the full balance on your charge cards every month. In general, it’s best to use charge cards as a pass-through, and pay them before the next billing cycle starts, instead of as a high-interest loan. Using credit helps the credit score, and when you pay the balance completely you ensure that you avoid finance charges.

Late fees should be avoided as well as overlimit fees. They are both quite high and can have bad effects on your report. Watch carefully and don’t go more than your credit limit.

Your credit score is important, and it can help you to get fantastic credit card offers. Creditors use your credit score to decide what type of card to offer you. Credit cards with low interest rates, the best points options, and cash back incentives are only offered to individuals with stellar credit scores.

As you can tell, credit cards may be used for many things. Whether you are just paying for your gas or building a solid credit history, your credit card can be used in many different ways. Use the information above wisely when using your card.

06
Nov
2017

Can These Credit Score Improvement Tips Change Your Life? YES!

categories: Personal Finance

You may feel overwhelmed by the idea of credit improvement. If you are looking for such information, you are in luck. These easy tips can help you to save time and stress.

Getting home financing is no small feat, especially if your credit score is less than perfect. In this situation, it is a good idea to try to obtain an FHA loan, because these loans are guaranteed by the federal government. It might be possible to get an FHA loan even if you don’t have the money for a down payment or the closing costs involved.

Try to get a secured credit card if you are not eligible for an unsecured card. This will help you fix your credit. Most likely, you will not have a problem obtaining this type of card, but you must add funds to the account before you make any purchases to assure the bank that you will pay. If you use a credit card well, your credit rating will begin rising.

If your credit history has put you in the position where you are not able to obtain a regular credit card, you should try to get a secured credit card to begin rebuilding your credit. You are more likely to be approved for this type of card because, once funded, the banks feels secure that you will pay them back. If you utilize a credit card responsibly, it can aid in the repair of your credit rating.

Credit Limit

If you have credit cards where the balance is more than half of your credit limit, pay these down right away. If any of your balances climb past half of your available credit limit, pay them down or spread the debt around other accounts, otherwise, your credit rating gets tarnished.

A good credit report means you are more likely to get financing for a home. By paying off your mortgage on time, you will even improve your credit score further. Owning a home shows financial stability, which is great for your credit. If you have to take out a loan, this will help you.

Getting a reduced interest rate is the easiest way to reduce your overall debt. There are legal limits set in place to control the amount of interest a creditor is allowed to charge you, plus your original debt is all the credit card company paid when you made the purchase. However, the contract you signed ensured that you agreed to pay off your interest. If you decide to sue your creditors, you should be able to have the interest rates recognized as too high.

Contact your creditors to request a reduction in your credit line. It will pay off in lowering the risk of excessive borrowing and reflecting good financial decision making on your behalf.

Don’t spend more than you make. This takes a real mindset change. For a while, the easy availability of credit encouraged people to buy more than they could afford. We now must pay for that. Examine your budget, and figure out how much extra money you have to shop with.

Too many credit cards is a common cause of financial strain, so close all of your accounts aside from one. It is important to make small payments or transfer a balance to the open account. You can pay down one credit card in full, rather than chipping away at many.

Paying your bills is a straightforward, but truly vital prerequisite for credit repair. More importantly, you need to start paying your bills in full and on time. Getting rid of past-due bills will have a fast and dramatic effect on your credit score.

You will be able to keep up with your bills, and get a good credit score. Late payments to credit cards are reported to the major credit agencies and can hurt your chances for securing a new loan.

Credit Card

Take the time to carefully go over your monthly credit card statement. Always check to make sure that you are being charged correctly, and not being double charged or charged for items that you did not buy. Do not trust the credit card companies to have your back, guarantee you do not pay debt that is not yours yourself.

When you are trying to fix your credit record, call your creditors and make payment arrangements that will benefit both of you. Talking to them will help keep you from drowning further in debt and making your credit worse. Don’t be afraid to ask for alterations in interest rates or dates of payment.

We hope that this information has proven to be useful to you. While fixing your credit might seem like an uphill battle, once you follow this advice, you will have the chance to regain your credit. You will need to have a lot of patience. Being persistent will help you see the outcome that you’ve been looking for.

19
Oct
2017

Credit Card Tips That Will Change Your Life

categories: Personal Finance

Credit cards are used by people everywhere, and often help people reach goals. You will have more financial freedom and opportunities if you have a credit card. Keeping this in mind, it’s crucial that you carefully pick your credit card and use it wisely. Consumers will find some great advice for credit card use in this article.

Fraudulent Charges

Report any fraudulent charges on your charge cards as soon as you see them. This way, they will be more likely to discover the culprit. It will also serve to make sure you are not going to be held accountable for any false charges. If you suspect fraudulent charges, immediately notify the company your credit card is through.

Never sign up for a credit card without learning its interest rate. Before you decide whether or not a credit card is right for you, you have to understand the interest rates that will be involved. If you don’t, you might end up paying so much more money in interest. If you end up paying more, it is possible that you will be unable to repay the balance every month.

Most people don’t know how to handle a credit card correctly. While going into debt is understandable in some circumstances, there are many people who abuse the privileges and end up with payments they cannot afford. Remember to pay your credit card balance every month. That way, you can improve your credit score and lower your balance simultaneously.

Lots of credit cards come with hefty bonus offers when you sign up. Read the fine print before signing up, however, because there are often many ways you could be disqualified from the bonus. A common term is the requirement that you make a particular amount of expenditures in a given time frame in order to qualify, so you should be confident that you can meet the conditions before you jump at such an offer.

When it comes to premium credit cards, find out if an annual fee is involved to make sure that you do not pay too much for the card. Depending on how exclusive the card is, a platinum or black card may carry a fee of $100 to $1000. If you do not need a card that is exclusive, don’t get one. This way you will avoid the fees.

Remember not to have credit cards sent to your mail if you don’t have locks on your mailbox. A lot of people that admit to stealing credit cards say they got them out of unlocked mailboxes.

The reason why card companies suggest minimum payments is simply because this amount is how much they want you to pay in order for them to get the largest amount of money from you as possible over a longer period of time. Pay more than the minimum payment. Don’t get stuck paying high interest.

Interest Rate

Know what interest rate your credit card gets. You should never sign up for any credit card without knowing the interest rate. You may end up paying a lot more than you planned on if you are unaware of what you are being charged. If you have to pay higher balances, you might find you cannot pay the card off every month.

If anyone calls and asks for your card number, tell them no. Credit card thieves often contact people by telephone. If you must use your credit card over the telephone, only do so with companies you know you can trust. Never provide this number to someone who calls you. There is simply no way you can safely verify the identity of an unsolicited caller.

Credit cards can offer many advantages and increase spending options to create a better lifestyle for consumers. When they are used the right way, they can be great assets, but when used without care, the cardholder can find himself in a world of misery. This article has contained some valuable advice that can help any consumer to make educated credit card decisions that enhance their life and prevent credit pitfalls.