Cedrick's credit card was stolen, and he did not realize that it was stolen until he received his most recent billing statement- He contacted the credit card company immediately after he read his statement- Fraudulent charges were as follows: $250 for a Blue-ray player, $600 for a new set of tires, $200 cash withdrawal, and $40 in interest charges on the above items- He did not carry credit card insurance- How much is Cedrick's potential maximum liability?

Wise ways to use a Credit card are:
Pay off your balance every month. 
Use the card for needs, not wants.
Never skip a payment. 
Use the credit card as a budgeting tool. 
Use a rewards card.
Stay under 30% of your total credit limit.