Credit card companies can change the terms and conditions of your account. They will send you advance
notices about changes in fees, interest rates, billing, and other features. By reading these “change in terms”
notices, you can decide whether you want to change the way you use the card. For example, if cash advance fees increase, you [...]

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If you can’t pay your balance in full each month, try to pay as much of the total as you can. Over time, you’ll
pay less in interest charges—money that you will be able to spend on other things, and you’ll pay off your
balance sooner.

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Credit card companies not only charge late payment and over-the-limit fees, but also fees for cash advances, transferring balances, and having a payment returned. Some companies charge a fee when you pay your bill
by phone. Pay attention to the transactions that trigger these fees. If you need a cash advance, withdraw enough so that you [...]

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If you go over your credit limit on your card, your card issuer could charge a fee and increase your interest
rate to a higher penalty rate. To avoid this, keep a record of your spending or check your balance online.
Also, be aware that some merchants (for example, hotel and car rental companies) put a “hold” [...]

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Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your payment is due. [...]

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Credit card issuers do not have to warn you that they are closing your account. If your credit card account’s been closed, here’s a few things you can do.

Contact the credit card company. It might review your account and decide to keep you.
Check your credit report regularly from the three major credit bureaus to make [...]

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Lately some finance companies have been canceling credit card accounts without warning the cardholder. Such cancellations, being felt by consumers in Maryland and across the country, highlight a little-known gap in federal laws governing credit cards. Though Congress has toughened disclosure rules for credit card companies – by requiring 45 days’ notice for making [...]

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Building business credit is challenging, especially for a new business.  But remember: It CAN be done, and it`s easier than you think. Follow a few steps, and you`ll be on your way to an excellent credit profile.

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