Financial Facts

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Posts Tagged credit cards

Top 8 ways to protect against fraud.

Apr 23

Posted by Financial Facts Admin in Credit Card, Tips and advice

Credit Cards

1.    Always keep your credit card data secure and check your credit card statement regularly. Doing silly things like keeping your pin number near to to your cards in your wallet has caused more people more stress than any other type of fraud. If a fraudster pickpockets your wallet or finds it lying in the street and there is a four digit number embedded somewhere in your wallet, they’re going to try withdraw money from a cash machine. Under this scenario, your bank will not protect you because their terms and conditions tell you to keep your pin number and your cards separate.

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10 tips to ensure you don’t get strangled by credit card debt.

Apr 16

Posted by Financial Facts Admin in Credit Card, Financial Tips and Advice

Credit cards

1.    Most people that if you use credit card, you pay off balances monthly. If you use credit cards like this as a simple and easy way to pay for goods and services on and off-line, then there really is no problem.

2.    When you see the balance of your credit cards getting past one months wages, consider tightening your belt for a couple of months to try and get the balance of your credit cards down.

3.    If you find yourself spending without any recourse as to how you will pay the money back, you should seriously examine your purchasing behaviour. The typical sorts of people who get into trouble using credit cards are impulse buyers. If you find you fall into this category, leave your credit card at home when you go to the shops and take cash instead. Read the rest of this entry »

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