6 Pointers for Managing Credit Cards

1
6 Pointers for Managing Credit Cards
2

• Let us discuss today several suggestions that can
  help you manage lines of credit, particularly bad
  credit-credit cards, in the most responsible way,
  you can. Here are 6 helpful tips for cardholders.

3
Keep up with your credit card bills.

• The best way to manage a credit card, especially
  if you have bad credit, is to make on-time and
  complete payments of your bills. Always remember
  that there are many benefits to keeping up with
  your monthly dues. First and foremost, you can
  avoid making extra payments on interest charges,
  late payment penalties and surcharges. Second,
  settling your bills completely and prudently can
  help push your credit score up until such time
  that you can fully regain your creditworthiness.

4
2. Use tools that can help you remember when your
bills are due.

• Suppose you find it difficult to remember when a
  payment should be made. What can you do to avoid
  skipping or defaulting on your guaranteed
  approval store credit cards bill? Well, you can
  always use tools that can help remind you when
  your bills are due.
• For instance, you can set up personal reminders
  in your mobile phone or mark your home or office
  calendar with your due dates. You can also sign
  up for automatic payment arrangements with your
  bank. After all, by enrolling in this program,
  you wont have to worry about your payments,
  anymore. This is because the personnel of your
  bank will be one managing your financial
  obligations, on your behalf.

5
3. Abide by the terms and conditions of your
credit card.

• Most cardholders incur fines and penalties
  because of violating the stipulations of their
  credit card programs. To avoid such problem, you
  need to always comply with the rules set by your
  card issuer. One thing that can help you in this
  matter is to regularly review the provisions and
  limitations of your credit card. Such activity
  will surely help strengthen your decision to
  stick to the terms and conditions of your line of
  credit so that you can build a strong working
  relationship with your chosen card company.

6
4. Keep track of your transactions.

• Take the time to examine your guaranteed approval
  store credit cards billing statement. Look at the
  transactions you have made for the past months
  and consider if youre spending within or beyond
  your budget. You should also try to catch errors
  or unauthorized charges. That way, you can
  immediately dispute them with your card issuer
  before they can inflict further damage to your
  credit history.

7
5. Cut down on unimportant expenses, especially
if you wish to completely pay off your credit
card bills.

• After all, by cutting down on products or
  services that you can live without, you will have
  more funds that you can set aside for paying your
  monthly dues, to avoid compromising your personal
  or household bills and expenses.

8
6. Dont manage multiple credit cards at the same
time.

• Managing more than two bad credit-credit cards
  will only get you into a bigger financial
  trouble. After all, it can push you down into
  debt traps which can in turn cause your score to
  drop even further. So as much as possible,
  content yourself with at most two card accounts.
  And dont take out another line of credit, unless
  it is absolutely necessary.