Clipping of news on Brazilian Culture, Law and Citizenship
04/14/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Source: Consumidor Moderno
To help consumers with difficulty dealing with the situation, check below ten tips for using credit card.
1. Credit card is not a sign of "financial status". Some people are proud to have the high credit card limit. Be aware that if the financial gives you the high limit is because it seeks a safe and profitable operation. Good "status" is not to have debts and a financial reserve. ostentation of escape, plan your purchases and pay attention to their financial equilibrium.
2. Have one or two maximum in the cards. The more cards, the more likely you haywire and enter a situation of over-indebtedness. Two cards of different flags are already great.
3. Learn to say NO. Never accept cards offered, even if they have free annuity. Has a rigid rule about that.
4. Annuity free. In the financial market there is a saying that "there is no free lunch." So be wary, because in general, the first annuity is free, but later are not. Values such as R $ 300.00 are charged without any difficulty after the period of "free tuition" and already prevent these strategies always hurt the consumer.
5. Prioritize always pay cash or debit card. Cut it in the bud. It's hard, it hurts, it's complicated, but it works. Always use alternatives to immediate payment and protect the effect "snowball" of debts.
6. The golden rule: flee the minimum payment. revolving credit interest can reach unthinkable 16% per month in some cases. If the bill arrive and you do not have to make full payment, look for a cheaper credit line, such as payroll loans, CDC, etc. Pay fast as you can and rethink their spending habits.
7. Do not share anything. more attack once the source of the problem. Try discount for cash payment if the store does not agree and you want to make the purchase, pay immediately. There is no split in four, five, or ten times. Over time, you can haywire with several portions of different suppliers and the value of your bill will increase excessively.
8. Do not pass the card number for any company. Some large companies like publishers like to give options to the consumer paying magazine subscriptions with credit card. They almost do not give discount on the spot and this suggests that pay with installment card is often much better. In fact, they really want is the number of your card and will launch the renewal thereof, just warning you when the right would be to ask your permission first. After launching the renewal, you cancel always a lot of work and is very complicated. Prioritize pay via invoice or deposit account.
9. Beware the overall limit of the card. One of the dangers of paying all installments is that eventually you can reach the overall limit of the card without even having reached the limit of the monthly bill. In this situation your card is blocked and you can be in situations where there is with cash or do not like using a debit card. Everyone has a monthly limit that can be used and an overall limit that can not be exceeded. Hit some of them, the credit card no longer works.
10. Destroy the credit card if you can not handle it. Control yourself and ask yourself often if that purchase is good for you or not. Do not buy anything on impulse, as this is the way of financial death. If, after trying to control you saw that does not have the strength to stand before the urge to spend, destroy credit card and then use only the output mode.
Source: Procon-SP
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This article was translated by an automatic translation system, and was therefore not reviewed by people.