I recently read an article by Kim Fusaro, Little Miss Fortune, Glamore - who gave some great advice on shopping for Christmas with your debit card. I'm guilty on most counts and thought I'd pass her tips along to others:
- Don't use your debit card on-line. Unauthorized charges on credit cards are capped at $50. This is not true of debit cards.
- DON’T use debit cards for big purchases. They don’t offer the same protection that credit cards do. Credit cards allow you to reverse or dispute charges, and some will even extend the length of warranties.
- Use your debit card as "credit" and sign for your purchase. Avoid giving your PIN number.
Another thought:
- Use PayPal when offered.
This link tells you how your credit score is calculated. With today's economy, typically a credit score of at least 620 is required to obtain a mortgage loan thru FHA. If you'd like to talk with a lender and see what your score is, call me! I'd be happy to give you the name of a couple of my trusted financial brokers.
Thanks again for MOVIN' WITH MORALES
Diane
630.709.9882
Keller Williams Fox Valley Realty
