Credit Card Watch

Holiday Shopping on Credit - Avoid Credit Card Debt With a Few Shopping Tips

Credit cards and shopping are like peanut butter and jelly. They mesh well to create the best sandwich. But once you have too much of the good stuff, you are surely bound to get a stomach ache and will be making constant trips to the john. Shopping using a card is really risky, especially if its holiday season when all the prices are marked down in the spirit of the occasion. Too much shopping and you are certainly bound to find yourself explaining your problem to a credit card debt assistance professional.

Responsible use of a card can be a tough task for just about anyone, including those with their frugal values intact, especially when faced with 0% interest rates banners and huge discount signs. So how do you make your way through a shopping mall with yourself and your card unscathed and avoid those long talks about credit card debt settlement options? Here are some things you can do:

• Be wary of the 0% interest promo that some mall stores are giving. Most of them will jet your rate up to 20% if you are one payment late;
• Even with the slashed down prices all around, make sure you spend within your means. If that camera is still not within your reach even if its %20 off its original price, don’t push the issue;
• Take advantage of some features your cards, like price adjustments. These modifications actually save you money if you play them right.

Shopping and cards are like peanut butter and jelly. If you know how to make them work, they will certainly work to your advantage. And there will be no need to schedule an appointment with a credit card debt help provider.

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I Know Why Your Credit is Bad

Why? Because you haven’t made it a priority it’s that simple. The truth of the matter is that if you wanted to have great credit you would. The first oblivious step is to stop spending what you don’t have, use debit versus credit. You need to find a way of disciplining yourself to live within your means. Once you have taken control of your financial life you can get started in cleaning up your credit mess. This does not apply to people that have had medical issues, etc. This is to the people that spend $ 100.00 when they can only spend $ 20.00.

Ok, so let’s get started.

You have two options, you can do the work yourself or you can hire someone.

But before you start you must run your credit- if you have been denied credit it is free if not you must pay a small fee. Once you know the negative items that are on your credit you can start.

Option 1

Create a file folder for all credit bureaus. Attached to the credit reports you have received, there is a “dispute form”, each bureau has its own. Make separate copies of each, 10,20 copies as this is the form that you will use to dispute all incorrect information that appears on your record. Keep a record of all the forms you dispute and mail. Do this every 30-60 day until you start to see items coming off.

Option 2

Hire a company to do this for you. The price may range from $ 79.00 a months to $ 2,500.00, find someone that makes sense. Remember the old saying “if it sounds too good to be true it’s probably not only not true but most likely a scam”.

The bottom line is that people that have great credit are concerned about their credit. You have to focus on having good credit and you will.

Luis Pezzini
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