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As maintaining good credit practices is the foundation to learning how to manage one’s finances, Patriot National Bank has compiled a top 10 Tip sheet to benefit students, and all credit card users. Patriot’s Chief Lending Officer, Executive Vice President, Martin G. Noble reminds all credit card users that, “a solid credit rating is essential for buying a car, a home or opening a small business. In some cases, it even helps you get a better job.” Noble also adds, “A good credit card track record starts with a good credit card. Shop around for the best rates and terms.” Top Ten Tips To Help Students Manage Credit: 1. Pay Your Bills On Time The singlemost important thing you can do tomaintain good credit and keep interest charges low. 2.Stick to a Budget Check your accounts regularly to track spending. Don’t charge more than your credit limit. If you see an error or discrepancy, contact your credit card issuer or bank immediately! 3. Keep Secure Backup Records Put account numbers, expiration dates, user ID’s, pin numbers and passwords in a safe, secure place in case of loss, theft or other problems (NOT in yourwallet or purse). 4. NEVER Give Personal Credit Card or Bank Info to Anyone unless YOU initiated a call or inquiry. 5. NEVER Lend Your Credit Card to Anyone (not even a friend). 6. Consider Online Banking and Bill Paying Many banks offer account alerts for unusual transactions and reminderswhen bills are due. 7. Use Secure Web Sites Only Avoid public access PCs for online purchases. 8. Keep Your Receipts Compare themwith yourmonthly statements for accuracy. 9. Cash Advances Are Not Like Purchases They generally have finance charges and fees that get added on immediately (plus higher than normal interest rates). 10. Notify Credit Card Issuers If You Move Patriot National Bank is one of the fastest growing banks in the Northeast, with a mission to offer a significant community-based alternative to larger banks and to provide personalized service to consumers and local businesses. Nationally chartered in 1994, Patriot National Bank currently has nineteen full-service branches. .Patriot National Bancorp, Inc. (NASDAQ Global Market “PNBK”), the parent of Patriot National Bank had total assets of $904.4 million as of June 30, 2008. © Copyright by StamfordPlus.com. Some articles and pictures posted on our website, as indicated by their bylines, were submitted as press releases and do not necessarily reflect the position and opinion of StamfordPlus.com, Stamford Plus magazine, Canaiden LLC or any of its associated entities. Articles may have been edited for brevity and grammar. Related Articles: Shays supports greater oversight and transparency in financial markets - Sep 19, 2008 - 11:14 PM Fairfield Museum’s Fall Festival, Native American style - Sep 19, 2008 - 12:35 PM Rowayton Arts Center elects new officers & board members - Sep 19, 2008 - 8:23 AM From Danbury to Stamford, United Way of Western CT takes regional aim at lack of affordable housing - Sep 18, 2008 - 2:53 PM Nader in, Barr out - Sep 18, 2008 - 11:07 AM CURRENT HEADLINES: Top of Page
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