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Have you missed payment on your credit card are now starting to receive calls from debt collecting agencies? Don’t allow yourself to be bullied. Debt collectors have limited powers. If they cross the line and start to lie, harass, or embarrass you, you can complain. Here are some of the practices that off limits for debt collectors. If you feel you have been wronged, complain immediately.

1. Threatening and harassment. Collectors can never use threats of harm or violence. For instance, they cannot try to scare you by saying that they will go after your kids if your do not pay what you owe. They also cannot use profane or obscene language, and must remain respectful at all times. They also cannot call you repeatedly for the sole purpose of annoying you, hoping that you will pay.

2. False statements. They cannot pretend to be lawyers or government representatives in order to intimidate you. They also can’t falsely state that by not paying, you have already “committed a crime.” If they are just debt collection agencies, they must admit to it; they cannot lie and say they are direct employees of your credit card’s issuing bank.

Collectors are also not allowed to scare you by saying that if you don’t pay, you will be arrested, or that your properties or wages will be seized. They can only say this if they are in fact already permitted by law to take such drastic actions and that they really intend to do so. Collectors also cannot threaten you with legal action if they don’t really intend to file a case.

3. Unfair practices. Debt collection agencies work on commission; if they get you to pay, they get a percentage of your money. However, some of unscrupulous agencies even go as far as to illegally make more money off you. Remember: They are NOT allowed to collect interests, fees, or charges on top of the actual amount you owe UNLESS your contract with your issuing bank allows such a kind of charge.

4. Embarrassment. Collectors cannot disclose the details of your debt to a third party. They may get in touch with other people – such as your co-workers or other members of your family – but only to get details such as your current address, phone number, etc. They cannot tell third parties about what you owe.

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Ever thought of getting a credit card but don’t know where to start? For majority of cardholders we know, credit cards are terrific tools that certainly have very great advantages.

We at have surveyed many customers and here is what came out…

Its very handy payment. That’s the big thing, right? You don’t have to worry about being robbed or something because you don’t have that big cash with you. Even if you’re just making small purchases, it’s a big help. Plus, the fact that we are in the on-line shopping age, it’s a total must have.

On the spot loans. When you’re short of cash, a credit card will be there to save you from the embarrassment of not being able to pay as it will help you make up for your purchase. To avoid any fees, just pay your balance in full.

You have no idea as to where you’re spending your money? People have the tendency to say they don’t know where half of their money went. With a credit card, you can easily track your purchases on your monthly payments. So if you think your wife spent too much for the month, check on your bill, who knows, it might even be you…

It’s easier to pay off. It’s easy to pay credit card bills. All you have to do is find an ATM with your checking or an easy account transfer. Good news is you don’t have to wait a month to pay it off. And guess what, some even lets cardholders pay their bills ONLINE. So say goodbye long lines; Hello to convenience!

You get rewards.

Every time you make transactions you earn point or “rewards” that you can exchange for either gift checks, vouchers, exclusive items or maybe the cash back system. We’re not saying that you use your credit card non-stop to avail of these, but as a matter of fact, it is a nice bonus.

Very exclusive deals. How would you spell exclusive? Its “c-r-e-d-i-t-c-a-r-d”. Why? Because you get a lot of high class services that are only available for those people who hold the cards. Sometimes its discounts on products, dining and traveling first class. Remember the times when you really wanted to buy something and you were able to buy it because of the discount my credit card was able to give me.

We can go on and on with these, but nothing is really important than learning it by experience. Everything has its ups and downs. It’s up to you, as the card holder, to become responsible in how you manage your money. Look into the bigger picture of how credit cards make life easier and who knows you might just even love it. Just be responsible and a word of advice, pay your dues on time, all the time…