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Showing posts from April, 2022

How Do Credit Cards Work? A Beginner's Guide

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Credit cards are a great tool to add to your wallet. If you are encountering first time with the credit cards then you might have questions like What are credit cards? How do they work? There is way more for you to learn about the credit cards if you do not pay notice to each and every aspect of a credit card then it might end up costing you a fortune. A credit card is like a double-sided coin having both advantages and disadvantages. Not using a credit card wisely can lead you to a possible debt spiral. In this article, we have covered everything about credit cards that is there to know. Keep reading to kick start your research. What are credit cards? A credit card is a financial tool that helps you in borrowing funds from the credit card issuer as and when required. With a credit card, you get a pre-defined credit limit depending on your income level, that you can use to make purchases. It is a plastic card that you can carry with you and is more secure for making transactio...

Things You Should Do When You Get A New Credit Card

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Getting a credit card is a big decision that one can make in their life. Adding a credit card to your wallet is not only good for your financial profile but also helps you derive a lot more benefits from it. With the range of credit cards available in the market, it can become so overwhelming to choose a credit card. To begin with your credit journey you need to first analyse your spending habits and needs, after then choosing the credit cards that compliment them the most. A credit card comparison is the best way to get the right credit card so that you can make the most out of it. Once you get a credit card the immediate question that arises is what to do with your credit card. In this article, we have covered some of the things that you should do when you get a new credit card. Keep reading to kick start your research. Things you should do when you get a new credit card: Register for Netbanking services: This is the next step that you need to do, as soon as you get th...