CREDIT CARD

Using a credit card responsibly can help improve your credit score.

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Carrying a balance on your credit card month to month helps improve your credit score.

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If you make a late payment on your credit card, your interest rate can increase.

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Credit card companies can charge you a fee for going over your credit limit.

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You are only responsible for the first $50 of unauthorized charges if your credit card is lost or stolen, provided you report it promptly.

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Closing a credit card account always helps improve your credit score.

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The interest rate on a credit card is called the Annual Percentage Rate (APR).

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You should always accept credit card offers that come in the mail because they often have the best rates and terms.

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Making only the minimum payment on your credit card each month is a good way to manage your debt.

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Your credit card statement will show the minimum payment due, the payment due date, and the total balance owed.

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