Credit Cards:
Credit Cards The Pros Establish credit (but only if you pay on time) Can help in emergency The Cons Easy money, creating unnecessary debt Lost Card Inability to pay balance- Capitalization
Want to know what you really owe?:
Want to know what you really owe?
Your credit report:
Your credit report A credit score is based on a scale of 300-850 points. A score below 600 is believed to be high risk. Things that can impact your score: Your payment history; Level of debt; How many credit cards you have. You can check your credit report one time per year for free.
Theft:
Theft If your credit card is stolen- maximum you are responsible for is $50 If your debit card is stolen- $50 IF you report the transactions within 2 business days. Otherwise the maximum is $500. Always report missing cards ASAP!
Credit Card Resources:
Credit Card Resources If you believe your rights have been violated: Contact the credit card company Contact your state attorney general Know your rights in the Credit Card Holders Bill of Rights Act of 2009