 |
Further
Reading ...
|
|
Women and Workplace Stress: It's More than the Job!
It’s More than the Job: Women and Workplace Stress! Stress in the workplace has become a occupational health and safety risk worldwide, including the U.S. Debate centers around who is responsible for illness related to stress if the...
A Wedding That Works For Every Season
In ancient times many a future bride and groom would consult the Tarot cards to see which month the stars said was perfect for their wedding. When the sun or moon sign were inline with Venus who us the Goddess of love, it was believed to be the...
How To Catch A Cheating Lover
Relationships. Virtually all of us are in one, or at some stage, have been. In the early days things are great. The birds are singing, the sun seems to be brighter than it ever was, the stars sparkle more brilliantly than before... it’s smiles...
Is Your Child In The Playground Of Danger?
So you have gone out and purchased yourself a computer. Now as an adult and a parent you are going to learn all you can about computers and just what is out there. Why because your in Cyberspace.Welcome, You have just logged on to a Pedophiles...
|
|
|
10 Things You Should Know About Credit Cards
|
 |
Written By:
Terry J. Rigg
|
|
|
Maybe these 10 items may answer some questions you have about
using credit cards. Make sure to check out the link in #1.
#1. Don't Use Them.
Credit cards accounted for 1.3 million Americans filing
bankruptcy in 1998.
#2. If you use credit cards pay them off each month.
Carrying a balance on your credit cards could add up to hundreds
of dollars each year in interest and penalties.
#3. If you can't pay off your credit card balance each month,
pay as much as possible.
Every extra dollar you pay over the interest charges goes toward
paying off the principle. Minimum payments are 90% interest and
10% principle.
#4. Never obtain a credit card based on an introductory interest
rate.
Introductory interest rates are strictly bait to get you hooked.
After a short period of time the intro rate increases
substantially.
#5. Be careful consolidating your credit card debt.
Whether you use equity in your home or find another credit card
to lower your interest rate, there are things you MUST DO. If
you pay off a credit card you are going to receive constant
offers, either checks in the mail or special offers, to use that
credit card again. Be sure to cut up the credit card you paid
off and contact the company to cancel.
#6. Do not obtain credit card protection.
Many credit card companies offer credit card protection for a
fee. This is normally a percentage of the outstanding balance.
According to the Federal Trade Commission,
(http://www.ftc.gov/bcp/conline/pubs/alerts/lossalrt.htm) you
are only obligated to pay the first $50 when your credit card
is used by someone unauthorized. You could easily pay several
times the $50 for credit card protection in a year.
#7. Don't keep more that two credit - continued below ...
|
|
|
continued ...
cards.
The biggest reason for this two card rule is that it is easier
to keep track of possible errors and current interest rates
with no more than two cards. Some credit card companies will
increase your interest rate without prior notification. You must
look at your statements each month and inquire about any
discrepancies.
#8. Always mail your credit cards bills at least seven days
prior to the due date.
Currently, credit cards companies are allowed to charge a
maximum of $29 for late fees if the bill is not paid on time.
With delays in the mail and processing time once the bill
reaches the credit card company offices, you need at least 7
days to be sure it is posted on time.
#9. Always protect your credit card numbers from others.
Be sure that you don't allow unauthorized people to see your
credit card numbers. It is very easy to use someone else's
credit card, as stores are very lax in their security of
handling credit cards, seldom checking to see if the signature
on the back of the card matches the one on the credit card form.
Never give your credit card number over the phone unless you
know who you are talking to.
#10. Don't use credit cards for groceries.
Buying things like groceries with a credit card, unless you
pay the card off each month, is a no win situation. Buying
recurring items like groceries will only tend to increase your
credit card debt each month.
About the Author
Terry Rigg is the author of Living Within Your Means - The Easy
Way http://www.homemoneyhelp.com/ebookadpage.html and editor
of The FREE Budget Stretcher Newsletter and Budget Stretcher
web site http://www.homemoneyhelp.com. He has 25 years of
experience counseling individuals and families concerning their
personal finances.
|
|
|
|
 |
|
|
| _Additional Resources ... |
|
How to Have the “Perfect” Christmas
“This year will be different. I vow I won’t get stressed out over presents, parties, cards, Christmas plays, putting up the tree and decorating, and all the many other tasks of the season. I will remember the true meaning of Christmas.” Do...
IT'S MY PARTY
Parties range from quick get-togethers to very elegant, formal affairs. If you are the host/hostess, the bulk of the responsibility lies on your shoulders. So make an impression that will knock the socks off of all your guests. You are not a...
Lyme Disease Treatment in Pets
Lyme disease can be treated with antibiotics, because the disease is caused by a bacterium that is introduced to your pet through a bite from a tick carrying the disease. Antibiotics will be taken for a long period of time and some times and...
|
|
|
|
|
|
|
|
|
|
