Do you think the interest rates on your credit card are non- negotiable even if they do not seem fair? Well, maybe you are wrong. You can simply ask your credit card company for a lower interest rate and chances are you will get it easily,: if not the desired rate, definitely a reasonable one.
Fraud is badass. Ask those businesspersons who have lost billions in fraudulent online transactions; you would get to know how badly a fraud could cost. But as long as you are on the biz, you would be requiring to accept all major credit cards and electronic checks.
Although your credit card privileges lapse once your card is declined, you still have a chance to maintain your optimum score by paying off the balance regularly.
Building a decent credit credential is critical to your future credit needs. A healthy credit score, for example, can help you stand you in good stead and get loans easily.
Having poor credit might have a negative impact on your personal finances. However, it is not the end of the world. If you are hit with a credit issue due to job loss, bad economy or unforeseen circumstances, you still have an opportunity to raise your credit.