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utilizes adjusted balance may be cheaper than a card that has an APR of 13 % and uses pervious balance.
9.Avoid convenience checks like a plague. They come with high APRs and fees.
10. Annual fees range from $25 up to $100. Some cards do not have annual or monthly fees, but have high interest rates.
11. Credit Cards with rewards, sometimes are not worth the hassle.
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Rewards can be extremely hard to redeem, your interest rates can be high or the credit card company can charge hidden fees to cover the prices of the reward.
12. Credit card companies are in business to protect their asset and make money, be in business for yourself.
Shop around and negotiate for the best rates.
13. Call your credit card company before they call you.
If you are going to be late on a payment, call your credit card company and explain your situation. It would be in their interest to assist you as it cost them nothing to keep you as a customer and hundreds to
find a new one.
14. Document all correspondence with your credit card company.
If you are in debt, what better way to show the court that you made an effort to resolve the problem than with documentation. The same goes if you discover errors on your credit card statement.
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