5 Pointers for Instant Approval Credit Cardholders
In the paragraphs below, we have enumerated and tackled pointers you should remember when managing an instant approval store credit cards.
Always comply with the stipulations of your credit card program. This is important for you to avoid incurring fines and penalties that are usually incurred by cardholders who violated the terms and conditions of their credit card programs. Moreover, this will help strengthen your relationship with your card issuer, which is something you can fall back on in case you decide to apply for additional card accounts or to negotiate for lower rates of interest or for better payment terms, later on.
Keep a tab on your transactions. This entails checking the available balance you have on your credit card before using it to cover a bill or a purchase. This way, you can avoid exceeding the limit imposed on your line of credit as well as the additional fees (like overdraft and declined transaction charges) you might be asked to pay for maxing out your instant approval store credit cards. This tip is also important to check if there are errors or inconsistencies in your billing statements and even in your annual credit reports. Always remember that an incorrect item in such documents can inflict severe damage to your credit history and limit your chances of qualifying for affordable credit programs. So to protect your financial prospects, find time to review and validate the accounts and records listed on your billing statements as well as on the copies of your annual reports.
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