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This Bears Repeating

November 30th, 2006 at 03:49 am

I know, you've heard this a hundred times. But with recent news stories about credit card fraud (I'm assuming the number of fraud cases goes up during the holidays, thus the number of news stories on credit card fraud goes up - good assumption?).

Anyway... SHRED those credit card offers!!! Many fraud cases begin with a credit card offer that you received in the mail and discarded. Your best protection against this type of fraud is to shred the offer and application so no-one can use it to commit fraud in the first place.

An even better strategy would be to quit getting credit card offers (unless you want them of course). You can opt out by going to www.optout-prescreen.com or by calling 1-888-567-8688.

May you have a safe and fraud-free holiday!

Missing Credit Card Statement

November 26th, 2006 at 04:15 am

Would you remember to pay your credit card bill if you didn't receive your monthly statement?

I noticed this morning that I hadn't received my most recent credit card statement, but that it was time to pay the bill.

I logged into my account, and sure enough my due date is just two days away!

Good thing I checked, since most credit card companies slap $30-40 late fees on if you're even the tiniest bit late paying.

Hopefully, you won't have any missing credit card statements, but if you did, would you remember to pay your bill on time, or would you get slapped with a late fee?

Here are some tips to help you avoid paying bills (and credit cards!) late:

* Schedule time each week or twice a month to pay bills

* Put important due dates (rent, credit card payments) on your calendar

* Use a spreadsheet to track bills and credit card payments

Implementing some type of system to make sure you pay your bills on time can be a huge time and money saver.

If you do miss a credit card (or other bill) payment, call the company and ask them to refund the late fee. If you have a good reason, and you haven't missed any payments previously, they should honor your request.