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Keep these tips in mind when looking for and using a credit card.

  • Shop around for the credit card plan that best fits your needs.
  • Make sure you understand a plan’s terms before you accept the credit card.
  • Pay bills promptly to keep finance and other charges to a minimum.
  • Hold on to receipts to reconcile charges when your bill arrives.
  • Protect your credit cards and account numbers to prevent unauthorized use. Draw a line through blank spaces on charge slips so the amount can’t be changed. Tear up carbons.
  • Keep a record — in a safe place separate from your cards — of your account numbers, expiration dates and the phone numbers of each issuer to report a loss quickly.
  • Carry only the cards you think you’ll use.

Adapted from the FTC publication "Choosing and Using Credit Cards"

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