Time and again, on this blog, we have stressed the importance of paying off your balance before your due date. The primary reason behind this advice is that unless you do so, you run the risk of paying exorbitant rates of interest. When you apply for a credit card, the issuing company indicates the APR…

An individual who uses a credit card also knows how important it is to look out for unauthorized charges. Credit cardholders are not responsible for charges made fraudulently through their cards; however, it can be quite frustrating and time-consuming to clear one’s reputation and liability for unauthorized charges. That is why all consumers should create…

  Most consumers believe that a credit lock and a credit freeze are the same; however, that is not the case. While both credit freeze and credit lock help individuals protect their credit reports from being used by scammers to open fraudulent accounts, a credit freeze offers protections that a credit lock doesn’t. Moreover, it…

  As a credit card owner, you can never be too careful. At any given moment there may be criminals who are out to get your card details – and many of these fraudsters are adept at playing ingenious tricks to obtain the information that they want. Outlined below are four common scams that unscrupulous…

How often has it happened that you’ve bought an item from a store only to return it later? The return process itself is usually quite easy as most merchants offer generous refund policies in keeping with their mantra “the customer is always right.” And even if the merchant is unwilling to listen to you, you…

If you are someone with bad credit, there is no need to despair. Certain credit cards are available that can help you rebuild your credit and repair your score. Once you sign up for one of these, remember to keep your balance low, relative to the credit limit. Make your payments on time each month…

Credit card fraud will lead to $31 million in losses by 2020. Cybercriminals are increasingly targeting not only large corporations but also small businesses. Here are some tips to protect your bank account and reputation and thwart credit card processing scams. 1. Make use of Address Verification System (AVS) This system compares the numerical portion…

  There are hundreds of credit card offers flooding the market and each has its own set of attractive rewards. While some credit cards offer as much as 5% cash back on the amount spent, others claim to provide enough travel miles that can translate into free tickets to Hawaii. However, all that glitters is…

  Every organization needs credit cards. They are essential in places where checks are not accepted. Moreover, they negate the need for cash advances and reduce the amount of paperwork and transaction costs. However, just like cash, credit cards are at risk of theft as well. While for most businesses, unauthorized use of credit cards…