managing and protecting credit card
What to Do If You Over Charge
Because credit cards are so convenient, many of us are tempted to overspend. Which of these is a sign that your credit card spending habits may need some work?
-
You do not make charges over your credit limit.
-
You have never requested a credit card cash advance.
-
You only make minimum monthly payments on your balance.
"C" is correct. Other warning signs: You live paycheck-to-paycheck, are near your credit limit, use savings or cash advances to pay your bills, have been denied credit, or have received creditor calls because you were late or missed a payment. If you find yourself in financial difficulty, don't wait. Seek free advice from a reputable credit counselor like Guidewell Financial Solutions.