Beware of Unidentified Calls or Voicemails About Your Credit or Debit Card
If you receive an unidentified call or voicemail about your credit or debit card, and you believe it to be fraudulent, please hang up immediately and contact us at 800-475-1150. We are available to assist you.
Important Tips: Never provide your credit or debit card information to someone who calls you unsolicited. Be suspicious of any caller who asks for your personal information, such as your Social Security number or bank account number. If you are unsure about the legitimacy of a call, hang up and call us directly at 800-475-1150. We will never contact you to ask for your personal information. A message from Collins Community Credit Union will always include identification.
1. Start Early
The sooner, the better! Your credit score will be low at first because it’s not based on much, but with a long, positive payment history your score will increase. College students can even start by getting a joint credit card with a cosigning parent and acquire a Student Visa. With a higher credit score comes a better interest rate on loans for a home or new car.
2. Decide What to Buy
Just because you have a credit card does not mean you should purchase everything with it. By only using your credit card for things such as food and gasoline, you can easily keep track of your expenditures and manage your monthly payments.
3. Pay on Time
This part is extremely important as one late payment can stay on your credit report for up to seven years. Make sure you are paying at least the required minimum balance on time, and if possible pay the total balance in full each month. Good payment history makes all the difference in your credit score.
For more information on credit cards visit us at www.collinscu.org, visit your nearest Collins Community CU branch, or call us at 319-393-9000.