Beware of misleading e-mails and fraudulent Web sites used to trick you into revealing personal information.
For example, someone claiming to be your bank may send you an e-mail telling you that you will not be able to use your credit card unless you provide your social security number or your online log-in and password.
This is called phishing , and is used to obtain personal information for unlawful purposes .
Using a credit card to make purchases offers several advantages over paying with cash.
For example, most credit cards offer some form of protection if your card is reported stolen or missing, while cash cannot be replaced if lost or stolen.
Using a credit card may also give you some form of buyer protection if you purchase an item that is defective .
If you pay by credit card, you will be charged interest on your credit card balance. On most credit cards, you will not pay interest if you always pay off the entire balance - not just the minimum amount due - by the due date.
If a store sells goods with warnings like “all sales final” or “as is,” you can not return them to the store for a replacement or refund even if the goods are defective .
Usually, if there’s no such warning, you can return an item for a refund without giving the store a reason.
However, it is always best to ask the store what their return policy is. Different stores have different return policies , and different states have different laws about what stores must accept.
If the store will accept a returned item, you might only receive store credit or an exchange, instead of a cash refund. They can also limit the time period during which the customer may return the goods, or require the customer to pay a fee, provide proof of purchase, or provide the original packaging.
Landlords have the right to evict you in some cases—for example, if you don’t pay the rent on time—but generally you will have some time before you must move.
Landlords sometimes have the right to evict you even if you haven’t violated the terms of your lease or rental agreement. Whether they can do so depends on many factors, such as whether you have a lease or a month-to-month rental.
It also depends on where you live, since different cities have different laws that apply in such cases. It’s a good idea to contact an organization or service where you live for advice on what your rights are. Most major cities and many college campuses offer services that help with landlord-tenant questions.
A credit history is a record showing individual consumer debts and whether they were paid on time and as agreed. Credit institutions have created detailed documents, called credit reports , of your credit history, which they provide to lenders, landlords, and others.
Failing to do something you agreed to do. If you have a credit card, the most common default is not making a payment on time. If you rent an apartment, you are in default if you don’t keep the apartment in good condition.
Any merchandise you buy that is broken when you buy it or does not function the way the seller said it would.
To legally force someone to leave the house or apartment he/she is living in.
A trick or deception intended to gain information or something of value.
Unauthorized use of someone’s personal data, for example a driver’s license or social security number, for any unlawful purpose, such as to obtain a credit card or loan.
A landlord is a person or a company that owns a rental unit and rents or leases it to another person, called a tenant. If the landlord and tenant sign a lease agreement, the landlord is also called a lessor , and the tenant is called a lessee .
To tell financial companies that you do not agree to their sharing of your personal financial information with other companies that offer loans or other financial services.
Using electronic communication to obtain personal information, such as usernames, passwords, and credit card details, by pretending to be someone you know or have a relationship with, such as your credit card company.
To ask or order a product to be returned because it can cause harm or injury.
A store’s own rules about whether it will accept merchandise you have bought from the store if you want to return it.
A way to cheat people and trap them into giving money.
Solicit means to ask someone for help, money, or information. Credit card solicitations are sent by credit card companies that purchase lists of consumers and use them for mass mailings to offer credit card services to potential customers.