Credit cards can be your best financial friend and your worst enemy. No matter how organized you are, staying within your limit, finding a card with an OK interest rate, and making payments is an ongoing challenge. I get questions every day from readers about how to manage and navigate offers and keep your credit score sky high. Here's a selection of my advice.
For my answers to six additional credit questions, read more.
Star by Julien Macdonald
Juicy Couture
French Connection
The main things I've learned about having a credit card are: always pay your full balance every month, don't keep a card you haven't used in a year or they'll charge you a fee just for keeping the card active, and don't make a late payment.
1Great recaps.
2How long does a bank have to report a late payment on your credit. My bank reported a late payment on 6/22/09. I disagreed. They said I was actually late in 9/07, they just didnt get around to it or were audited? How long do they have to report a delinquent payment.
3Post New Comment
Please share your opinion with our community, but make sure it is on topic and follows our Community Rules. We moderate comments and prohibit personal attacks, threats, spam, lewd images, or the promotion of your personal website.