All articles tagged Mistakes (18)

Creditnet.com Forum Serves as a Safe Place for Consumers to Ask Difficult Financial Questions

Creditnet.com Forum Serves as a Safe Place for Consumers to Ask Difficult Financial Questions

In a Nutshell: Between Credit Talk and its General Lounge forum offerings, Creditnet.com has been a conduit for financial communication between individuals with credit concerns since 1995. With... read more »

How to Close a Credit Card

How to Close a Credit Card

The decision to slim down on the plastic in your wallet can be made for a number of reasons. Maybe your card issuer raised your APR or implemented new fees. Maybe the rewards and perks just... read more »

Audit: Pentagon Credit Cards Used for Adult Services, Gambling

Audit: Pentagon Credit Cards Used for Adult Services, Gambling

Military and civilian Pentagon employees indulged their vices by charging government-issued credit cards more than 5,000 times for services such as escorts and gambling, according to a... read more »

5 Common Credit Card Blunders (and How to Fix Them)

5 Common Credit Card Blunders (and How to Fix Them)

More than 160 million Americans carry credit cards. Unfortunately the vast majority of those consumers are misusing their credit cards, resulting in a national average of $15,000 in credit card... read more »

What Happens to Credit Card Debt During Bankruptcy?

What Happens to Credit Card Debt During Bankruptcy?

Bankruptcy isn’t as popular an option as it used to be for dealing with debt. While it may not be the first resort, however, it’s still a necessary alternative for many, and credit card debt is... read more »

5 Amateur Credit Card Mistakes to Avoid

5 Amateur Credit Card Mistakes to Avoid

Congratulations! You’ve been approved for your first credit card, which is winding its ways to you through the U.S. Mail at this very moment. Oh, the fun you’ll have! That is, if you... read more »

How to Properly Dispose of a Credit Card

How to Properly Dispose of a Credit Card

Sometimes, it’s time to say goodbye to your old trusty credit card. One reason might be that you’ve closed the account, maybe after transferring the balance to another credit card.... read more »

3 Reasons to Never Miss a Monthly Payment

3 Reasons to Never Miss a Monthly Payment

For better or worse, your credit card tells the world a lot about you. It can tell a happy story when you make your payments on time — you’re someone who can handle your current credit debt... read more »

2 Biggest Credit Card Mistakes People Make

2 Biggest Credit Card Mistakes People Make

The credit card is powerful tool that allows us to buy things we might not be able to afford and then hold off payments until we can afford it. Its combination of power and convenience should not... read more »

When Someone on Your Account Maxes Out Your Card

When Someone on Your Account Maxes Out Your Card

Some people intentionally max out because they need to make a purchase and have no other access to funds. Others max out by mistake because they keep high balances and underestimate how high... read more »