In most cases, making a purchase with a credit card is as safe, if not safer than using cash. In fact, credit cards provide fraud protection and other security measures that a wallet or piggy bank simply cannot offer.
However, there are cases in which merchants or credit card companies make mistakes and overcharge the cardholder. Sometimes the card is charged for a transaction that never occurred, and in other cases it may be charged twice for a single transaction. When this happens, disputing the transactions can be a complicated process, especially when it’s not clear whether a dispute is warranted. The following information should help in deciding whether a charge dispute is advisable or warranted.
Unauthorized Charges
Unauthorized charges are perhaps the most common form of disputable charge that cardholders encounter. These charges can occur because of someone using the card unlawfully, or they can be the result of a merchant mistake. Some companies, especially those with monthly subscriptions. c
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Credit cards are one of our great responsibilities in life. With credit history or not, they are always available.
For instance, with too high interest rates, consumers get a burdened too much that they need to consolidate. How? They just need to do a balance transfer to a low interest credit card. Other balance transfer cards offer zero interest rates for a certain period of time. That is a very tempting offer. Some may be thinking about it as free money. But here’s the catch: the zero percent is charged to the transferred credit. If you have transferred $10,000 credit to another credit card, you will be paying no interest for that. But if you bought an item worth, let’s say, $250 within the charge-free period, you will be getting a bill with an interest on it after the period ends.
Cash-reward credit cards look very enticing, too. With 5% cash-back, reward? Who wouldn’t want their money to come back? Just be careful, though. See their grace period, rewards rate and APR? Looked like you have seen a good bundle, right? Wait for a few months. Something changed? You may notice or not that the grace period of your account shortened, rewards rate fell and APR increased. The credit card company has a right to do this actually. Read the terms included with your card.
Again and again, experts and even the federal government kept repeating that customers should read the fine print written in the terms and conditions included with the credit card or through online. This is why people usually go to complaints center and voice out that they have been robbed by their credit card companies. Credit card companies are very smart. They can make tempting offers only to lure them into something else.
They have no choice actually, customers are defaulting and they lose money, too. That’s why they get back at customers so they could recover money they have given up due to the defaults. Well, that’s just a minor reason, anyway. The main reason why they give sweet offers and end them abruptly later on is that they are enterprises. Enterprises exist for profit. Just like other businesses do. It’s not pointing solely at customers, too. No, it’s not entirely the customers’ fault, though they have to share the blame, too. Being an educated borrower pays a lot. The fine print is so boring and they are tiny to be read, but this is the terms of the contract. Like other legal contracts, entire content must be read.
The Purple Diamond Rushcard is a prepaid card that allows you to add money to the card and then use the card anywhere Visa debit is accepted. The card is available to anyone regardless of your credit history. It doesn’t matter if you have good or bad credit you can be a cardmember. This card is part of the RushCard series that was created by Russel Simmons. As a bonus, anytime you refer a friend and they become a card member you get $5 deposited into your account. The card offers members a variety of perks and offers several free services. Here are some of the features of the card:
- FREE direct deposit
- FREE live customer service 24/7
- FREE text alerts and phone balance inquiries
- FREE optional credit building history
- NO credit check
Purple Diamond Rushcard
With the Purple Diamond Rushcard you can only spend what you deposit into the account, so there are no overdraft or interest fees. It is an easy and a convenient alternative to using a credit card or a traditional bank account. Y
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Low interest rates are the most common selling point used by credit card companies to solicit new clients. Having a low interest rate is certainly appealing, and preferable to having a high one. However, it’s important to remember that credit card companies primarily generate their profits not only from interest, but also from fees. Thus, if the company is not making a lot of money in one way, they may be compensating with the other, by charging unfair fees. The following are a few commonly overlooked disadvantages associated with low interest credit cards.
Reading the Fine Print
Checking the card’s terms and conditions is imperative when applying for a card that supposedly offers some of the lowest rates around, because in most cases these amazing rates won’t last forever. While low interest rates available through an introductory offer can be successfully used as part of various credit card strategies, this is only true if the applicant is aware the time limitations are in place.
Most introductory periods last from 3 to 12 months; however, they can last as long as 15 months for people with exceptional credit. If rea
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— Seal Korwin @ 7:03 pm — 
October 31, 2010