Never reply to emails asking you to confirm your password or any other details with your bank or credit card company.
These will almost certainly be fraudulant emails attempting to get your personal information so the fraudsters can use your card or bank details to obtain money or goods.
You should be protected for fraud by your bank or credit card company but if you give away your secret information they might consider you at least partially liable.

Credit Card Tips

Never give out details of your credit card unless there is a good reason to do so.
If somebody phones and says they are from your credit card company tell them you will phone them back and use the phone number from your credit card statement not a number they might give you.
If they say they can't answer you on that number then that is their problem. They should be able to.
Fraudsters do ring people and ask them to confirm their details which enables the fraudsters to hijack your acount.

Credit Card Tips

Building Up Your Credit Rating

            A First Step to Building A Good Credit Rating

A good credit rating is complex to understand, build, and maintain, and many people would rather not deal with their finances but the very first step to a good credit rating is easy enough to learn. It is how to keep a monthly budget. By budgeting your money and keeping track of your purchases, you will have enough cash every month to pay off debts, which will help you build credit. If you keep to a monthly budgeting plan, you won't even have to think about your credit history or credit score-it will be good with no extra effort.

Good budgeting starts with records. First, collect your pay details and any other "cash in" receipts (i.e., tax refunds, money from part-time work, etc). How much do you make every month? Figure out the average amount you can expect to be paid every month and record this number. It may be beneficial to purchase some kind of filing system to help you keep track of receipts, statements, and pay stubs in case you have a dispute in the future.

Next, figure out your monthly bills. This should include rent, car payments, groceries, insurance, utilities, mobile phone, gas, and any other payment you must make every single month. Of course, this may vary a little, but you should be able to find an average. Compare this to the amount you make every month (hopefully you make more than you must spend!). The extra money you have is what you can use for spending money or put in the bank to save for the future. Also use your extra money to pay off loans early, because this will save you money on interest.

Remember that credit cards are not a good choice if you have trouble managing your money. Because they sometimes offer very high spending limits, you may find that your bill at the end of the month is much higher than it should be. A Debit Card will withdraw money directly from your bank account which prevents you spending more than you have.

However, it is important to use a credit card if you are trying to rebuild good credit. Be very careful and remember that if you cannot pay off your debts every month, you will have to face very high interest rates. Once you learn to budget you money, keeping yourself on track should not be difficult. It's crucial that you limit yourself so that you have a reserve of cash to pay your bills on time and in full every single month.