OFFBEAT MAIL

The holiday season is just around the corner. Surely, many consumers are already on their heels to plan for a wide variety of gifts that they could afford to buy to please their families, relatives and friends alike. And the most convenient way to pay for all the things we purchase is either through the use of debit or credit card. Besides, it also safer to use the debit card because even if it is lost, access to the account is protected by a secret pin number. It's not the same as the credit card which can be used by anyone who gets hold of it. But not too many people think that using these plastic instruments to purchase stuffs or pay for gas at the pumps can expose them to excessive overdraft fees, especially if they fail to take heed of the expenses that they have. That's true. In fact,  there are dangers that go with it.  I went through this sad experience a couple of months back due to my own ignorance for not being too careful to monitor my purchases. As alwa...

A couple of months back, I applied for a credit reward card with Macy's. However, the first credit limit given to me was only about dollars. Somehow, the Macy's card did help in some ways to add fire to my desire to buy products that I needed. However, it didn't take long enough for me to notice that there's something wrong with what I did. Then I asked myself: What I could I buy with such a limited amount of credit given to me? Well, the answer was understandable knowing that I was a first timer in the club of the company's card rewards system. When I asked the teller why I was only given a limited credit limit, she told me that's normal policy for newcomers who wished to build up their credit rating in the long run. However, I was told that should I repay my credit in due time, my credit limit would be increased to almost double the original amount. Until I make the first move, I wouldn't be able to build up the credit that I would have wished for. So the...