Credit Card Mistakes That Can Prove Costly To You

-
Credit cards have changed the way people spend their money. With a card, you can even buy things even when you have low bank balance. There are lots of card options in the market like Kotak Mahindra Bank credit card, SBI credit card, CitiBank credit card, HDFC Bank credit card, etc., and therefore, you cannot complain about shortage of options. However, there are some mistakes which should not be committed by card holders. Let's have a look on those-

  • By ignoring terms and conditions: Terms and conditions can be complex for you but that should not become your reason of avoiding them. Many card holders got a surprise when they are told that there is a change in interest rate or there is any fluctuation in annual fees. It is necessary to read all terms and conditions carefully in order to avoid any such surprises. If you have any doubt then it is better to call the customer care executive and get it cleared.

  • Completely ignoring credit card monthly statement: Many people have the habit to avoid reading terms and conditions of monthly statement. It is useful to keep a proper check on your monthly statement in order to find out any discrepancy in it.

  • Paying only minimum dues: Many people have the habit of paying only minimum amount, due to which interest is charged on the unpaid results. Also, it can adversely affect your credit report. 

Comments

Post a Comment

Popular posts from this blog

Nursery Admissions St. Anne’s Convent School Sector 32-C, Chandigarh

-
Image
Registration   Notice for L.K.G 2015-16 APPLICATION FORM FOR REGISTRATION  TO  LOWER KINDERGARTEN 2015-2016. will be available on the School Web site   www.sacschd.in   from 1 st   to 20 th     December 2014, till   12 noon .   Eligibly:            Children born between 1 st   April 2010 and 31 st   March 2011.  Others need not apply.  The rest of the information will be on the application form. There are four pages in the form. The complete form must be downloaded and duly filled.    Registration Fee   Rs.  50/- (to be paid at the time of submission of the form)         Application form for LKG-2015-16 Principal
Read more

Still No Notification On 298 Schools

-
It has been a week since nursery admissions for private schools began in the city. With January 23 as the last day for schools to accept applications, there is still no notification on the 298 schools built on DDA/government land. Many prominent schools in the city built on DDA land have to accept 75 per cent students from the neighbourhood. Delhi HC orders The Directorate of Education (DoE) had issued a statement saying that as per Delhi High Court orders, all private schools have to adopt the criteria of admission which must be clear, well-defined, equitable, non-discriminatory, unambiguous and transparent, but failed to comment on when the notification for the 298 schools would come out. In case of grievance The statement had also said that any grievance with regard to the admission process or complaints related to donation/capitation fee being charged by schools, non-display of criteria/procedure of admissions, non-availability of admission forms or any other complain
Read more