Dads opening my report card 87



Credit cards get several benefits including financial flexibility, transaction security, also an opportunity to build credit history. Nevertheless these privileges arrive by means of any responsibility; credit card delinquencies result in fees such as recent or above-limit charges. By means of some attention to detail and finance discipline it is easy to use credit cards completely free, particularly free of compensating any fees or interest.

Directions

1 Study your monthly credit card declaration plus notes the minimum payment and due date.

2 Check you bank accounts and make confident you have acceptable funds to produce the payment toward your credit card. If your expense is not honored by your monetary institution, you will be charged any returned resources fee.

3 Submit the payment at least just one week before the deadline to ensure it will be received and processed via the due date. This early payment helps to avoid a late fee.

4 Hold track of your credit card spending if your outstanding balance approaches the available credit line to avoid the over-limit fee.

5 Stay clear of the cash withdrawal choice associated with your credit card seeing that there is always some cash advance fee.

Tips & Warnings

Pay your monthly statement within full to stay away from finance charges.

References

"How to stay clear of credit card late fees" Lucy Lazarony, website.

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