Essential Guidelines For More Prudent Credit Card Use
Pay your balance in full each month
Avoid carrying a balance and paying interest charges.
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Don't spend beyond your means
Only charge what you can afford to pay back.
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Check statements for errors
Review statements each month and report any unauthorized charges.
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Pay on time
Late payments can incur fees and hurt your credit score. Set up autopay or calendar reminders.
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Limit total credit card debt
Experts recommend keeping total credit card balances below 30% of your available credit limits.
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Consider balance transfers
Moving high-interest balances to a 0% intro APR card can save on interest, but check fees.
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Protect your information
Shred documents with account numbers and watch out for skimmers at gas stations and ATMs. Use secure websites when providing account info online.
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