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KEEP CREDIT CARDS UNDER
CONTROL
Guess what?
- Credit Card Companies are not your
friends.
- Credit Card Companies are in business to
make money
- Credit Card Companies corporate goal, business
plans, marketing growth and reason for being is to get you
into debt
- Credit Card Companies will do very shady
things to keep you in debt
- Credit Card Companies prey on people who
do not educate themselves on credit and other financial
matters
- Credit Card Companies have a very strong
lobby in state and the federal governmental bodies that
will fight to the death to keep their practices:
- a)out of the public eye
b) as risk free as possible for them
- Credit Card Companies are not your
friends.
Whether you shop online, by telephone or by
mail, a credit card can make buying many things much easier;
but when you use a credit card, it’s important to keep
track of your spending. Incidental and impulse purchases add
up, and each one you make with a credit card is a separate
loan. When the bill comes, you have to pay what you
owe. Owing more than you can afford to repay can damage your
credit rating.
Keeping good records can
prevent a lot of headaches, especially if there are inaccuracies
on your monthly statement. If you notice a problem, promptly
report it to the company that issued the card. Usually the
instructions for disputing a charge are on your monthly statement.
If you order by mail, by telephone or online, keep copies
and printouts with details about the transaction.
These details should include the company’s
name, address and telephone number; the date of your order;
a copy of the order form you sent to the company or a list
of the stock codes of the items ordered; the order confirmation
code; the ad or catalog from which you ordered (if applicable);
any applicable warranties; and the return and refund policies.
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