Credit Card Holders, Beware

Category: Finance, Credit.

It s festive season and you are probably in the mood to go extravagant. Here are some credit help tools that will keep your debt free while you return home laden with shopping bags.

However, do not let debts play spoilsport to your spirit. Plan a budget. This will keep your expenses in control. A budget determines how many bucks you can spend on shopping and is a great credit help tool. Also, make sure to note down your expenses so that you are not baffled with the vanishing dollars. Stick to only one card, especially the one having the lowest rate of interest.

Credit card holders, beware! Create A List. Spare some time and make a list. How many items do you plan to buy? A list is a smart shopper s credit help tool. It also puts a brake on your shopping spree. It helps you compare rates and bargain.

Find Out Ways To Save. For example, you can avoid eating out while shopping. If you look twice and maybe thrice, you will find that not all expenses are that necessary. A piping hot meal prepared at home is matchless! Then, you can always have a small Christmas tree. It saves dollars, is good for health, and gives you the privacy to eat with your family.

After all, it is the spirit that matters, doesn t it? You can even make your own holiday cards by snapping pictures on your own instead of shelling out dollars in a studio. Try to have fewer fancy lights to cut down on your electricity bill. You may not realize but they are small credit help tools that make a huge difference in keeping your account rich. You will save bundles! While out shopping, do not forget to use your head, and not just your heart.

Credit Card Offers Are A Big NO! A high interest rate is hidden behind such offers. Do not be tempted by the offers of credit card companies that urge you to miss out payments, or provide you an instant discount on your purchase. Also, before purchasing a credit card, always read the fine print and make sure you UNDERSTAND it. Have You Taken Protection Against ID Theft This Festive Season? If you think that any perk is too good to be true, then it probably is. Attention, credit card holders!

However, you need not go anywhere to ask for protection. ID theft is growing at an alarming rate in America. You are your own guard. And don t think that you haven t told your password to anyone means that it s safe. Here are some credit help tools to keep your personal details safe while shopping. The world is full of geniuses gone awry.

How? While shopping online, check out whether the web site is secure. Check for" https" in the URL or the" lock" icon. Never carry all the cards with you. Always have copies of the receipts while gift shopping. You probably need only one or two during one shopping trip, don t you?

Be vigilant with the cashiers while shopping. In case your wallet gets stolen or lost, you will only have one or two accounts to worry about. Remember, they should never scan your card through more than a single device to process the transaction. When dining out, pay with cash. Never allow your credit card to go out of your sight. It is a good idea to sign up for credit monitoring services. In case of identity theft, a credit monitoring service will alert you at once and enable you to take action in order to repair the damages, if any.

It helps you to track any alterations in your credit report, along with an increase in your balance, or functioning of new credit lines. So, make your festive season full of happiness minus credit worries.

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