ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Shred any unwanted credit card offers or cards from the mail
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Keep a lists of all cards, account numbers and phone numbers
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Do not leave Cards lying around
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Open as many credit card accounts as possible
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Detailed explanation-1: -Here are a few tips to help you keep your credit card accounts safe: Practice credit card protection immediately. Sign the back of a new card upon receipt. Log into your online card account, turn on suspicious activity alerts, and take the time to create a strong and unique password and PIN for the account.
Detailed explanation-2: -Pay off your balance every month. Avoid paying interest on your credit card purchases by paying the full balance each billing cycle. Resist the temptation to spend more than you can pay for any given month, and you’ll enjoy the benefits of using a credit card without interest charges.
Detailed explanation-3: -It’s important to start good credit behavior early, which means making sure your first credit card is affordable. First-time cardholders should shop around before they apply and look out for what interest rates and fees (such as annual fees and foreign transaction fees) that banks and credit card issuers charge.
Detailed explanation-4: -Your interest rate. You might assume that you’ll pay your credit card balance in full each month and avoid racking up interest charges. Your payment due date. Your benefits. 25-Nov-2021