Credit Secrets & Tips Blog

Below are some useful suggestions on how to minimize fees and finance charges:

Help keep the cost of credit down by paying on time and not exceeding your credit limit.  Do you know paying later or exceeding your credit limit will cause early expiration of promotional rates and may cause your APR to increase

- Avoid late payment by checking the due date on your statement when it arrives as it may vary from month to month

- Allow 5-7 days mail time for your payment to reach the credit company

- Ensure the fastest processing by using the remittance slip and envelope provided with your monthly statement.

- Avoid late payments by paying online or enrolling online automated payment service. It is fast and free. 

Avoid Overlimit Fees by never allowing your balance to exceed the credit limit shown on your monthly billing statement (leave room for finance charges).  You can view your balance online or call credit care company at any time at the toll-free number on the back of your credit card.

Reduce your finance charges by paying more than the minimum amount due.  Although you have the flexibility to pay only the minimum amount due, you can significantly reduce your cose of credit by paying in full or making larger payment.

Remember, you can avoid finance charges on your retail purchases by paying the balance in full each month before your payment due date.