Costly Credit Card Mistakes
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|Mon, 08-26-2013 - 12:36pm|
Like it or not, we are a credit card culture. It's estimated that there are 1.5 billion credit cards in use in the United States. Nevertheless, access to credit cards is a privilege not a right, and if you make mistakes, you’ll pay a price – sometimes a hefty one.
issuers have responsibilities, too. Many of those responsibilities are codified under the Credit Card Accountability Responsibility and Disclosure (“CARD”) Act. But consumers’ first responsibility is to themselves.
I wish I would have known #5 a long while ago! It still surprises me that this can damage your credit score! Any surprises on the list for you?