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The Federal Reserve wants to help you use your credit cards wisely as you shop for the holidays.
A new 45-second video Public Service Announcement includes 5 tips for getting the most from your credit cards by:
- paying on time each month
- staying below your card's credit limit
- avoiding unnecessary fees (such as late payment and over-the-limit fees)
- making more than the minimum payment and
- watching for changes in your card's interest rate and other terms.
http://www.federalreserve.gov/consumerinfo/consumercredit.htm
http://www.federalreserveeducation.org/pfed/mediakit.cfm
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