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12 Little Known Facts Every Cardholder Should Know

rewardprograms.org — Every consumer has several legal rights in regards to their credit cards, but the problem is, most don't know them. Here are 12 facts that, if known, can protect your interests. Especially interesting is how the Universal Default clause can hurt you.

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  • adamfalkofske, on 10/12/2007, -0/+3Don't buy ***** you can't pay for - it's as simple as that. Debit/Check Cards FTW
  • otatop, on 10/12/2007, -0/+3Which works great, until you need a house.
  • Monkeyget, on 10/12/2007, -0/+2I agree.
    Fact 0 : getting a credit temporarily raise your buying power but it lowers it on the long term.
    Fact -1: It may not make sense to perform investments while you have debts. Banks make a better job at taking money from than giving some to you.

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