How can I protect myself from over-limit charges?

The best way to protect yourself from over-limit charges is to stay within the credit limit set by your credit card issuer. This means understanding your card’s terms and conditions and keeping track of your statement balances and other fees. Additionally, you should monitor your card’s activity and dispute any incorrect charges. To dispute incorrect charges in Minnesota, you must first contact your credit card issuer directly to see if they can resolve the dispute. If the credit card issuer fails to resolve the dispute, you can file a complaint with the Minnesota Department of Commerce. The Department of Commerce will then investigate the dispute and, if necessary, order the credit card issuer to reverse the charges. It is also important to check your credit card agreement and understand the over-limit fees. This will help you prevent these types of charges from happening in the first place. Additionally, you can set up automatic alerts so that you will be notified if you are near your credit limit. This can help you stay within the limit and avoid incurring additional fees. Finally, if you are having trouble keeping up with your payments, you should contact your credit card company and inquire about payment assistance programs. These programs may be able to help you stay within your credit limit and avoid any over-limit fees. By following these tips, you can significantly reduce the chances of incurring over-limit charges.

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How can I protect myself from over-limit charges?

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