0% APR Credit Cards Can Save You Thousands

Low interest credit cards are available as alternatives to those with middle-of-the-road to very high interest rates. If you have a credit card with a high interest rate anywhere from 17% to 24% or higher, then you may not realize that it is costing you hundreds and even thousands of dollars every year in interest alone. Once you understand your credit and how it is impacting your debt situation, you will see how low interest or even 0% APR credit cards can be a much better solution.

Gather Your Statements

Collect your statements for all high and low interest credit cards. Include Visa, MasterCard, American Express, Discover, department stores, retailers, grocers and any other revolving accounts. For each bill, make a record of the total balance, minimum payment amount and interest rate. You might also want to include your estimated monthly payment (if it's more or less than the minimum) and the monthly finance charge.

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Compare Cards

If you compare the numbers for each card, you will be able to see which ones are costing you the most money. The higher the APR and the higher the balance, the more you will end up paying in interest in the long run. And, if you only pay small amounts of what you owe, you can go on paying for over 20 years. Now you can see the benefit of having a low interest credit card.

Categorize Your Debt

Once you've figured out which are the low interest credit cards and which are high, you need to categorize them from highest to lowest. Then reorder them, if necessary, based on the estimated amount of interest you would pay for the entire year. In other words, if you have a high rate card with a low balance, the overall interest may be less than a low interest credit card with a very high balance. This step will help you to focus on the cards that are taking the most of your hard earned money.

Negotiate With Your Bank

Before you cut up your plastic or send it through the paper cutter, call you current credit card company. Many consumers don't realize it, but companies would rather lower your interest rate than lose your business. Tell them that you've been offered a better deal on a low interest credit card. They may just match that offer, saving you the time and effort used to close and open a new card.

Shop Around For 0% APR Credit Cards

Some banks just won't budge. You may have to do some digging to get a low interest credit card. Check online, talk to your local bank and sort through those direct mail offers. Ask your friends, family, co-workers and other acquaintances to learn about the cards they use.

Carefully Read the Fine Print

Many cards look too-good-to-be-true - 0% interest on transfers, lifetime low rate, frequent flyer miles, insurance benefits, etc. Often times, the offers are just that. 0% offers may only be applied to a limited amount or during a specific time frame. Fixed rates may increase if you so much as miss a single payment and so on. Pay close attention to all terms and policies, making sure to read the fine print. Don't accept a low interest credit card until you are sure you understand all that is involved.

Maintain Good Credit

Now you can stop throwing money down the drain. Treasure your low interest or 0% APR credit card and maintain your good credit rating. Pay more than the minimum amounts and don't get behind. Just as fast as you were able to lower your APR, it could jump up to astounding numbers.

0% APR Credit Cards - What You Need to Know

0% APR credit cards are an appealing option for frequent shoppers that rely on having a low monthly interest rate when they cannot pay off the entire balance of the credit card in any month. But what you really need to know about 0% APR credit card offers, often times is never discussed.

For starters, the APR is the commonly-used acronym for "Annual Percentage Rate," which is the annual month-to-month rate that you can expect to get for your credit card balance. Naturally, if you frequently carry your credit card balance over from month-to-month, it is important for you to have a low or even 0% APR credit card.

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How it Works

Every credit card company makes money when shoppers use the card, but do not pay off the balance at the end of each month. Because the credit card company has lent shoppers money so that they can make their purchases, the credit card company will charge interest on the balance until the entire balance is paid off. The credit card company has the potential to make a generous profit from the balances of their customers each month. Naturally, as a consumer, having a 0% APR credit card means that your balance is carried over from month-to-month without any charges applied.

Beware of High Interest Rates

It may seem like credit cards actually lose money by investing in a 0% APR credit card promotion. However, the 0% APR credit cards actually help credit card companies find customers. For example, if there is a shopper that has a high APR (some are up to 20%) and he or she is having a hard time paying down the balance of the credit card, the purchaser is in an ideal situation to transfer their balance to a 0% APR credit card for a period in which they can focus on working down their debt. The situation is ideal for someone who is in short-term debt. However, to balance the 0% APR credit cards against the credit card company's need to make a profit, as soon as a trial period expires, many credit card companies will increase their rates drastically. As a consumer, you need to read the fine print so that you are aware of the deadlines associated with this change-over.

Where to Find a 0% APR Credit Card

It may seem harder than it really is to find a 0% APR credit card. It's advantageous to find a card that doesn't require you to pay a month-to-month rate on the unpaid balance. However, credit card companies frequently   enact 0% APR credit card promotional deals, so take a look around for what deals are available to you currently.

0% APR credit cards can make managing your debt very easy. While most of them do not require annual fees, it is important for you to understand what you are agreeing to before you sign a contact with a company. While most 0% APR credit cards eventually increase the rate after a set period of time, the duration of the promotional period varies by company. As with any credit card agreement, a little research and education into the details of a 0% APR credit card can go a long way towards helping you make a decision that can positively effect your finances. Choose wisely!

0% APR Credit Cards: Use Them To Your Advantage!

The era of 0% APR credit cards is still with us. Yes, you can obtain a spanking new credit card featuring a very low introductory interest rate and take advantage of what amounts to "free money" for you for up to one year. You can use your new card to your advantage, but you must be careful that you fully understand how a 0% APR credit card works to order to maximize its effectiveness. I will show you how, so please keep reading for all the informative details!

Soon after the new millennium started, interest rates began to drop to historically low levels. By 2002, loan rates for government funds dipped to just less than one percent, pushing consumer loan rates down with it as well. Credit card providers, seeing a terrific opportunity unfolding, immediately began to offer 0% APR credit cards to new card holders and even extended the offer to their current customers.

What Lies In Your Debt?

Today, interest rates have been climbing for two years, but 0% APR credit card offers are still available to you. Quite frankly, the entire lending business is very competitive and credit card providers are willing to forego interest for up to twelve months in order to get your business.

To maximize the effectiveness of 0% APR credit cards, there are a few things that you must know:

Limited Time Offer. 0% APR credit cards contain an introductory period lasting typically from six to twelve months. This means that anything you charge during that time will not accumulate interest. Go ahead and spread out your payments over several months: If you purchase something for $1000, you can make four equal payments of $250 interest free. Keep earning interest on your savings and let the credit card company fund your purchase!

Transfer Balances and Save Big! Many 0% APR credit card offers will allow you to transfer balances from your existing credit cards to your new card and waive transfer fees. If you owe $3000 on your current credit cards and are paying 19% interest on your balances, you could save nearly $600 in interest payments over twelve month's time!

Pay On Time. Do not be lulled into thinking that a 0% APR credit card doesn't require monthly payments. If you miss a payment or are late, you could find that your remaining balance is subject to interest charges and penalties as your card shifts to a default rate. Pay on time or kiss your 0% APR credit card rate goodbye!

Pay It All Off. In some cases, you must pay off your balance before the introductory rate period expires. If you don't, the default rate kicks in. Make certain that you clearly understand your card's terms.

Clearly, a 0% APR credit card has strong advantages for the person seeking to make new purchases as well as someone who wants to transfer their balances. Use a 0% APR credit card to your advantage and put some money back in your pocket!

0% APR Credit Cards - True Benefits?

A 0% APR credit card is an opportunity for you to cash in on a good amount of savings across the board.  If you are like many, you are realizing that this might be a great way to realize true benefits from a credit card without having to pay much for it.  Yet, there is much more to know about these 0% APR credit cards.  You should take the time necessary to find the right opportunities for your specific needs.  In many cases, this is a great option, if used in the right manner.

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What Is 0% APR?

When a company offers you a credit card at a 0% APR, they are basically allowing you to borrow funds for no interest.  There are generally some fees that are associated with the credit offers, but in most cases, you will see that they are still quite an affordable option.  In most cases, the APR that is offered to you will one of two types.  Some credit cards will offer you a standard APR, or annual percentage rate that is the rate you will likely hold for the time that you hold the line of funds.  Others will offer a lower introductory offer.  Normally, a 0% interest credit card is offered for an introductory time period only.

Should You Use It?

If you have the choice between two offers of credit, one with a lower rate than the other, you may be tempted to just go with the lowest offer.  Yet, there is more to it than just that.  In fact, you need to consider what the interest rate will be after the introductory period is over.  For example, if you have two offers, one lower in the six month introductory period than the other, you may be tempted to go with the lowest offer.  Yet, in the long term, that line of credit may have a higher rate.  Determine which offers the best overall ability for you to get what you need in the least expensive manner.

The Benefits Of 0%

Yet, even with that said, there are plenty of benefits of selecting a 0% APR credit card.  For example, if you know that you will be paying off that line of credit quickly, within the introductory period, it is well worth making the switch.  After all, there is not anything better than borrowing money for free.  If you have a credit card currently that has a much higher interest rate, you can save yourself quite a few fees if you do a balance transfer to the 0% APR credit cards as well.  Here, make sure that the rate applies to balance transfers before making the move.

In short, a 0% APR credit card is an opportunity for you to invest in paying less.  To benefit from them, make sure to get all the facts and take the time necessary to compare them.  To find these offers, simply check out the opportunities offered by the lenders.  Most credit card companies do offer some form of introductory rate reduction offer including 0% interest credit cards.

0% APR Credit Cards - Tips & Tricks

Credit cards can be considered to be one of the many basic necessities of the modern world. Credit cards are available nowadays in abundance.  One type of credit card specifically is the so-called 0% APR credit card. 0% APR credit cards were introduced in the late 1980’s and to this day has still proven to be one of the most sought-after credit card types available anywhere.  As with all credit card types, there are a certain tips and tricks surrounding 0% APR credit cards that all potential card applicants should be made aware of.

With the help of a 0% APR credit card, it means that you need not only pay the outstanding balance; and what more you could even charge up to the limits without having to sustain any monthly interest charges. However, sometimes, one tends to think just how these credit card companies can afford to provide 0% APR credit cards, and make a profit out of it?

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Although 0% APR credit cards may not comprise any monthly charges, it is sure to come with annual fees which you are obliged to pay for the privileges of a 0% APR credit card. These annual fees usually run from $15 to $20 or sometimes, even higher. Having a 0% APR credit card doesn’t mean that you can pay your dues whenever and whichever way you intend to. It IS necessary to make your payments on time, or else, you will have to pay for high overdue fees. For each late payment, the 0% APR credit card holder has to pay fees that may range from $20 to $40. With habitual late payments, these meager amounts may accumulate to a hefty total!

It should be remembered that 0% APR credit cards are usually offered for only a stipulated period of time. This credit card interest may hold good for only a fixed period of time, usually ranging from 3 up to 15 months. On the completion of this period, a higher rate of interest may come in vogue, usually 12% or higher. You could easily transfer any existing credit card balances to a new 0% APR credit card to get 0% interest on the transferred balance. In this way, the credit card holder has to pay less interest for a stipulated period of time, and thus get a chance to clear outstanding balances as quickly as possible.

When applying for a 0% APR credit card, it is always better to read the terms and agreements of the credit card.  Not to overstate an obvious question, but why should one do so? Simply because many credit cards may come with a default rate wherein late payments not only incur a late payment fee, but it would also include a default rate that will be added to the annual percentage rate. This in turn doubles the figures on the existing balances and on the new purchases made on the card moving forward.  Ouch!

One very important point to take into account when applying for a 0% APR credit card is to read all paragraphs of the agreement, otherwise known as the fine print. This is because though it is illegal for a credit card company to hide their fees and charges, it is nonetheless legal for them to mention these points in small print! The 0% APR credit card companies thus usually announce in large and bold print about their 0% APR but hide the facts that this is only for a limited period of time and any extra fees which might be included are done so in very fine print.

Another trick that is up the sleeve of 0% APR credit card companies is to install sky-high APR’s right after the amount of 0% APR balance transfers are paid down. In other words, the money you first pay to the credit card company is applied to the transfer, and any other purchases you make will be charged a high APR. Sometimes, credit card companies may also go to the extent of sending you a different card than the 0% APR credit card you had initially applied for.  In this way, you are not allowed the 0% APR but a different card offer with different terms and conditions. The card issuers typically rationalize this behavior based on the card issuer determining that you do not meet the qualifications for a 0% APR credit card. Qualifications for a 0% APR credit card is usually found in the small print of the agreement, and is usually overseen by applicants!

It can thus be seen that though 0% APR credit cards do seem to be rather inviting, there are some loopholes and tricks to their use. As always, it is highly recommended to read the terms and conditions on the card application agreement for the 0% APR credit card, or any type of credit card application, thoroughly in order to avoid any future problems, headaches or financial surprises.

0% APR Credit Cards: How Can They Do That?

During the days when the federal bank interest rates were at its lowest, back in 2002 and 2003 to be specific, countless credit card providers offered 0% APR credit cards to many consumers. Needing only to pay the outstanding balance, smart consumers were able to charge up to their limits without incurring monthly interest charges. The question that some people were asking when these cards were at their peak of popularity was this: how do credit card providers make money off of this type of plan? Well, good question! Let’s examine 0% APR credit cards and the way they really work and if they are still available to you today. You just might be surprised at the answers!

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Annual Fees. Depending on the credit card provider, some card holders have been charged an annual fee for the privilege of having a 0% APR credit card. Annual fees for some of these cards generally run from $15 to $20, even higher.

Late Fees. You would think that if customers had a 0% APR credit card that they would always pay them on time, right? Well, many do not. So, every time a payment is received late credit card providers would assess a late fee. With fees ranging from $19 to $39, that can add up especially if someone is habitually late.

Default Rate. Oh, that 0% rate is nice on the surface. Read the “member’s agreement” and you will quickly learn that late payments will not only incur a fee, but a “default rate” would be charged bumping up the annual percentage rate to double digit figures on existing balances as well as on new charges! If you are late you can say, “bye, bye” to your 0% APR credit card in no time.

Short Term Offer. 0% APR credit cards are still offered today. Almost always they are cards for new card holders that offer a 0% rate for a limited period of time, such as twelve months, before a higher rate kicks in, which usually is around 12%. Some cards will allow you to transfer existing credit card balances over to the new card and receive the 0% rate on transferred balances. What a great way to cut your costs and save money too!

Don’t worry about credit card providers having difficulty making money even with low or 0% APR credit cards. Rates have since increased, in some cases dramatically, making it more difficult to find a low interest rate credit card. Still, great offers exist, but you must know where to find them. Searching online for your 0% APR credit card is a great way to quickly find and compare the best 0% APR offers available.

Copyright 2006 Ed Vegliante.

baby boomers 4

One of the largest populations in the United States is the baby boomers generation. This particular generation is known to have contributed a lot in modern society. Culturally, they have contributed deeply in music and art. Politically, they contributed a lot about civil rights.

So, you may ask and be interested who these baby boomers are. First of all, baby boomers are people who were born within the years 1946 and 1964. They were called the baby boomers generation because of the increase in birth rate after World War II and was considered as one of the largest increase in population in the United States

The after effects of World War II produced a lot of devastated economies around the world. Because of this, the United States war factory began producing peacetime goods and materials to be used in their own country and also for export to help their allies to recover their own economy. This produced a lot of income in the United States as well as high paying jobs. Because of this, families around the United States were earning a lot. This resulted in better education, and also enticed families to produce more children. This is why the baby boomer phenomenon started.

The United States economy was constantly on the rise after World War II. When the baby boomers came of age, education was widely available for everyone. Many baby boomers were attending college and the United States were producing professionals in the country.

You also have to understand that baby boomers came of age when civil rights protests were all over the United States. They were protesting their civil rights and also protesting the conscription for the Vietnam War. Many even avoided military duty and failed to show up after being drafted.

You also have to understand that baby boomers grew up in a world where the United States military was the most powerful military in the world. They grew up in a world where the enemies were communists and socialists. You will see that people who were born in the baby boomers era has distinct political views and are very politically active.

In fact, the highest office in the United States today is being run by a baby boomer. Another fact is that before this person, a baby boomer also held this office. They are Bill Clinton and George W. Bush. As you can see, they have a very distinct policy on how to run the country. Both of them have policies that enforce a lot on civil rights and also increased funding for the military.

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Today, baby boomers make up almost 28% of the United States population. This is considered a lot based on American history statistics. You have to consider that today, baby boomers are now aging. Because of this, the government and also baby boomers are growing more and more concerned of the retirement and health benefits that they will get from the government once they retire.

It has been found that almost 7 million of older Americans have no health insurance. Many low income baby boomers face a problem about health care. Because aging and illnesses is always associated, you have to consider the fact that in the near future, there will be a lot of old people, mostly baby boomers.

This is why the United States government is now taking the necessary steps in increasing their budget for health care and retirement benefits. Also, because of the decrease of birth rate after the baby boomer era, the United States will lack manpower to sustain its economy in the future after most of the baby boomers retire.

Even private organizations, such as insurance companies are now providing low cost health insurance for baby boomers.

However, because of the existing state-of-the-art medical technology today, baby boomers are expected to live a lot longer than their predecessors. Also, baby boomers are now becoming more and more aware of the illnesses and are frequently visiting their doctors for a regular check-up.

Baby boomers indeed made an impact in today's society. They contributed a lot to the society on political, academic, cultural, economy, and also in the industry sectors of the United States.

baby boomers 3

At first glance, many people would think that a baby boomer is just a simple thing played by a baby. However, they have eventually realized that this term refers to a group of people, particularly to a generation.

If we recall the tragic aftermath of the World War II, the basic statistics meet the criteria of having WWII as the greatest war in history when we speak of human and assets expended. During the post-war period, there were 1.7 billion people populating the Earth. After the war, three quarters of the world's population was added. The scientific development and technological advancement have made the war an unparalleled rage. Parts of the fighting fronts were the civilians, who suffered from malnutrition, disease, and often actual starvation, devastation of cities and towns, and awful injuries and death.

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Consequent to WWII, economic prosperity emerged. During that time, the birth rates augmented, making the growth of families over a certain interval of time such a significant figure recorded. The Babies born on that period, when birth rates were considerably raised, were termed as the Baby boomers.

After the Second World War, the bombed out cities and broken economies boosted the demands for goods and services in unmatched amounts. As a consequence, the Democracy Arsenal took control and started exporting merchandise and resources. America abounded the "free world" with commodities so that the economies will be reconstructed. This has amazingly led to a vital record of economic growth that continued until 1958. The economic success was associated with the better capability of each family to add more family members. Thus, the baby boomers were born.

The G.I. Bill allowed record persons to attend college and get hold of degrees, which has led to the improvement in education that granted higher family incomes, allowing them to have the assets to support more children.

According to Steve Gillo, Baby Boomers were of two categories in terms of years. The first is from 1945 to 1957 and the second from 1958 to 1963. Neil Howe and William Strauss on the other hand, took account of those conceived by on leave soldiers during the war. They set the generation of baby boomers from 1943 to 1960. They explained that those who were born between 1961 and 1964 had cultural and political patterns that are so different from those born between 1955 and 1960. This fit into what writers termed as the 13th Generation or Generation X.

The 13th Generation was known as the Cold War generation, which was estimated to include 79 million children including those born between 1961 and 1981. Since the authority of Strauss and Howe dominated, several people still believed that the 1961 babies were also Baby Boomers.  This is because of many significant Gen-X figures of birth in 1964. However, since the number of births did not turn down in 1965, then 1964 is not the ending year of generation X.

Controversy over dating and naming the boomers will be explained by considering that the 1946-64 boomer years is too long for one cultural generation. It may however mark a period of increased births.

It is in a world quasi-dominated by American Military might where the Baby Boomers grew up. It was where the enemies were referred to as the communists and socialists. This was all the way through the cold war from when researchers are lead to the current computer age. Also, the generation has already matured for the rural and urban crowding.

Would you imagine that famous groups like The Motown Sound, The Beats and Hippies, and The Beatles belong to the generation of the baby boomers? Baby boomers these days make up the lion's share for political, industrial, cultural and academic leadership class in the United States.

Bill Clinton and George W. Bush were the first and second Baby Boomer presidents. They were born in 1946 having an age gap of just sixty days. Their professions exemplify the wide range of principles and attitudes advocated by the largest American generational group to date.

Baby boomers or not, people would remain people. Nothing really matters about being included in a certain generation which has made history. Furthermore, there may be just one exciting record which baby boomers may be proud of, which is being in the Guinness book of world records!

baby boomers 2

Most often, people view the picture of baby boomers like a monolith-everyone is identical. But the truth is the generation of Baby Boomers are slightly distinct from each other.

The Staff Writer of The Christian Science Monitor, Kim Campbell, featured in her report last January 26, 2005 the baby Boomer in his mid-50s, Jerry Benston, an African-American New Yorker.

According to him, while he was a college student in 1968, the university where he studied proposed to have a more diverse culture.

He recalled that he was one of those who protested. His reason, as a Baby Boomer he wants to help in raising awareness regarding the significant issues in the society nowadays.

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One of these significant issues is the Baby Boomers and how people view them in general terms.

Looking at the outer surface, what you will commonly notice with these Baby Boomers are their similarities. For instance, that several of them survived in the Vietnam War, lived during the era of civil rights, and that their generations were the first ones to grow with television.

All of these events which they shared are part of the history, and you can discern it by simply browsing a book in history, or by just surfing through the internet. Unlike distinguishing their difference from each other, this is commonly not evident on their image in public.  

According to researchers including the advocates, it is vital to avoid generalizations that mirror the 79 Million groups of retirees. The purpose of this is to understand the diversity of Boomers in economic lines, across age, in ethnic, and so on, thus their actions as well as their needs will be accurately assessed.

Duke University Professor and Author of current Boomer Lives Analysis, Elizabeth Hughes stated that reports reveal the inequality of income or wealth of the Boomers. And this directly suggests that while the other Boomers lived a well off life during their retirement, there are some who live a life packed with struggles.

The media are used in portraying that Boomers are homogenous. Most of their reports suggest that all of them have common upbringings, that all are married and have their children, wealthy, and well-educated.

There is an argument created by Hughes and the others that if people will persist on perceiving the boomers in excessive general terms, the effect will be reflected on their retirement policies, and this is viewed negatively.

In addition, taking the Boomers in over general term hides the truth that concerns the group. According to Hughes, diversity among the group only mirrors the society.

Sarah Zapolsky, a researcher of boomer diversity said that most of these people who perceive boomers in too general terms seem to convey that the 79 Million Boomers will all retire in just one day.

"This example clearly reveals the fallacy of perceiving the boomers as a single unit," Zapolsky added.

The clear example of boomers' diversity is the range of their age. Certain researches show that Boomers does not only cover one generation, they cover even more. For this reason, their spans may possibly range to 19 years; hence, if there are some grandparents' boomers already, some boomer might still have a preschool kid.

Another example of Boomer diversity stated by Zapolsky is shown in their different backgrounds in ethnic and culture. For instance, this can be reflected on the way they take care of their parents who are already aging. Some may choose to have a Medicare rather than taking a nurse to care for their parents, while some may not.

There are researches already that show that the inequality of Baby Boomers persists on their education and riches. According to Hughes, the blacks' incomes now are higher as compared to the earlier generations, and there were some who already shifted to the middle strata.

But she added that if it will be viewed on the utmost perspective, there is really no improvement on these black boomers condition as compared to the whites.

The President of Generational Targeted Marketing, Ann Fishman, explained the reason why the diversity among Boomers is not widely talked about. This is because the characteristics that identify Boomers are not viewed very important.

Probably, the public viewed these Boomers like a monolith, but Baby Boomers will remain diverse as they are popularly recognized.  

"Bad Credit" Credit Cards: How You Can Avoid High Fees

Individuals with problematic credit histories often suffer unfairly from high mortgage, insurance, and car loan rates. On top of that, they have difficulty getting approved for credit cards. The whole situation can get extremely frustrating. Frequently, I get emails from consumers wondering what they can do to rebuild their credit. The first thing I tell them is to get a credit card designed for people with bad credit. The second thing I tell them is written in bold: READ THE FINE PRINT.

There are only a limited number of credit cards for individuals with bad credit. At first glance, many look the same. They all help build and rebuild your credit by reporting to the major credit bureaus on a monthly basis. They all provide you with the Visa or Mastercard you need to make many purchases. And they are all necessary evils that can save you thousands of dollars in mortgage and car loan rates in the future. However, you must read the fine print before applying for one of these credit cards, as they often charge high yearly fees, set-up fees, and even monthly fees. Here, I will examine a few examples of charges current “bad credit” credit cards bury in the fine print. Of the three major cards I will examine, only one stands out as consumer-friendly.

What Lies In Your Debt?

“Bad Credit” Credit Card #1: This credit card charges a very low interest rate for an unsecured credit card. However, your first fine print glimpse reveals that there is a one time setup fee of $29. Not too bad. So far, since the next charge is a one time fee of $95. So far, we’re up to $124 in expenses. That’s got to be it, right? No. Add in another $48 for the annual fee and $6 per month in account maintenance fees. That’s brings the cost of your new credit card to $244 the first year, and $120 each additional year. This is no small change, and a card such as this should be considered only if you cannot be accepted for a better unsecured credit card for bad credit.

“Bad Credit” Credit Card #2: This credit card charges a very high interest rate for an unsecured credit card. This can’t be good. But the setup fee is only $29. Maybe this card isn’t so bad. There is that pesky monthly maintenance fee of $6.50 per month which brings the cost of this unsecured credit card to $107. Maybe we’ve found a bargain. Not quite. The annual fee is a whopping $150. Yes, $150 every year. That not only brings the initial cost up to $257, but you will also pay $228 a year just to maintain the credit card. There has to be a better offer.

“Bad Credit” Credit Card #3: This credit card is available as both a secured and unsecured credit card, based on the issuer’s review of your credit history. The interest rate is average, even competitive. Now, the fine print reveals that there is a one time setup fee. However, based on your credit, this fee can be as low as $0 or as high as $49. So far so good, especially if your credit is not that bad. But, there must be a huge annual fee. Not exactly. The annual fee for a secured credit card is only $35, and for an unsecured credit card, this fee can be as low as $39 or up to $79. So far, the cost of this card ranges from $35 to $128. Now its time for the monthly maintance fee. This one has to be huge. Or not. Its $0. That means the most you could possible be charged to obtain this credit card is $128, about half of what competing cards are charging.

Clearly, there are substantial difference between “bad credit” credit cards. Of the three offers we have examined, only one doesn’t take you to the cleaners. In fact, “bad credit” credit card #3 provides great value. All positive changes to your credit history and credit score will translate into lower loan rates, lower credit card interest rates, lower insurance rates, and ultimately, thousands of dollars in savings. The path to rebuilding credit has its costs, but in the long term, rebuilding your credit with a “bad credit” credit card is the fastest and most cost-efficient way to correct the often unfortunate circumstances that have damaged your credit in the first place.

©2006 Credit Card Depot Inc.

Vacation And Credit Cards

Each and every year, many of us go on vacations.  Vacations are a great way to relax, and get away from the everyday pressure of life.  Over half of all American families take their vacation between April and September, meaning that they spend a lot of money on travel.  Whether it’s international or domestic travel, you can spend a fortune before you actually realize it.

As we all know, traveling with cash or checks isn’t always a wise decision.  Renting cars, flying in airplanes, or checking into hotels is a much easier task if you have a credit card.  Even though you may decide to use your credit cards for big purchases only, you’ll find that the traveling experience will be a much smoother process.

Unlike cash or checks, credit cards make handling your documents and receipts much easier.  If you purchase something, records from that purchase will be made with your credit card manufacturer, which you can always fall back on if something happens.  Things can go wrong without notice, so you’ll always want a backup plan or something to have as proof in the event of a disaster.  With a credit card, all you need to do is look back at your statement and you’ll find everything that you purchased in one easy to find location.

Credit cards are also much easier to handle and keep track of than cash.  If you decide to go to a theme park or a resort, you’ll find that cash can be a bit bulky to handle.  Carrying a large amount of cash can be hard to keep track of, even though it isn’t recommended.  Credit cards use up less space, and you can keep them in your pocket.  When you need to pay for something, you don’t need to count through your cash, simply hand over your credit card and sign your receipt.

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If you don’t have any credit cards, you can always get them for vacation purposes only.  There are many benefits to having credit cards, besides the fact of them being easier to keep track of.  There are many different credit cards out there to choose from, including those that will give you cash back or rewards when you make a purchase.  Cash back is normally a small percentage of what you spend, and is given to you at the end of the month.

Some credit cards will give you reward points for every dollar you spend, which can be redeemed with several merchants offering a variety of products.  Although cash back is always a great thing, many people find reward cards to be just as good.  You can enjoy your vacation, buy just about anything you want, and know that the money you spend will help you to buy other things that you may need when your vacation is over.  Actually, can you think of this as having your cake and eating it to.

All in all, credit cards can make your vacation easier than ever before.  You can earn rewards and cash back with purchases you make using your card.  Although you may think cash is the preferred way to go, there are several merchants who actually prefer credit cards.  They are more professional, and easier for you to handle than cash or checks.  They are easy to obtain as well, providing you have good credit.  If you don’t have a credit card, you should look into getting one before you take your next vacation.  All you need to do is look for your favorite company online and apply through their website - you’ll normally receive a response in a matter of minutes.

Guide to Acquiring UK Credit Cards

All credit cards come in many shapes, colors and sizes. They come in different types and brands with their own list of great deals to offer. UK credit cards are not different from these. When you apply for a UK credit card online, there are three easy steps you can follow. First, you can search through the list of UK credit cards you might find while surfing the net. Then, you can compare the rates and the fees of these UK credit cards side by side and prepare for the process of elimination. After you have weighed the pros and cons and the advantage and disadvantages of your top choices, you can now make the final decision, which among the UK credit cards offered would best suit your needs. Then, you may proceed with your UK credit card application by filling out the form online.

Things you should know before getting UK credit cards
Indeed, "plastic" has tremendously redefined the way people spend their money. In the US alone, more and more Americans are using credit cards because of the financial convenience it brings. When it comes to the UK, studies show that the Britons owe hundreds of millions in credit card debts. Being a flexible and accessible method of acquiring credit, various UK credit cards are being offered by major lenders to provide ultimate convenience to the consumers.

Applying for UK credit card can be both easy and difficult at the same time. Well, it can be surprisingly easy compared to spending the money itself. Getting a UK credit card is quite as easy like splurging your bucks on shopping spree. But, the difficult part when you have a UK credit card or any other credit card for that matter, is when the monthly bill arrives. Before getting a UK credit card, make sure to visit some guide and glossary so you will have all the information you need. Searching for important tips before you choose your UK credit card will help you become educated in your purchasing decision. Being informed before filling out for a UK credit card application will also help you reduce the possibility of getting stuck up in a credit card debt trap.

Reading some tips will also help you decide for yourself which among the list of UK credit cards would best suit your financing needs. You can choose the right UK credit card by comparing their features, interest rates, and benefits. Among the UK credit cards available, you should find the credit card with 0%, has the best rates and APR for balance transfers or purchases.  Most importantly, never forget to look for the UK credit card with lowest rates by reading the descriptions carefully before you apply for a credit card online.

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Top UK Credit Cards

Since more than half a million pounds are spent on UK credit cards every minute-amounting to tens of billions spent each year-it is very important to choose the best credit card for you. Here are some of the top UK credit cards available. With their own sets of great deals to offer, it's up to you, which among these UK credit cards is best for you. First among the list is Marbles. It offers up to 52 days' interest free credit, 0% balance transfers for the 1st 6 months, and 14.9 % APR. If you're the type of person who wants almost everything customized, this UK credit card lets you choose what your card will look like. It also lets you manage your account online. This UK credit card is designed in one of the safest and secure credit card systems around.

If you are looking for a UK credit card that offers from 0% APR on balance transfers, from 15.9% APR on card purchases, no annual fees, and a free 24-hour help line, then you might want to try Virgin Card. This UK credit card can actually be your exclusive pass to an exclusive online membership online stuffed with great money-off deals.
Another is the Egg Card that automatically gives you free purchase in transit protection for items. You can actually pay for all or part of your fare using this UK credit card plus the benefit of free personal travel accident insurance.
Apart from that, the customers also get a 10% discount on home and travel insurance policies when they use this UK credit card. The GM platinum card, on the other hand, offers 14.9 % APR, 0% per annum on balance transfers and purchases for 5 months, and online account management. The best thing about this UK credit card is that the holder will receive a 100 free Rebate Points the first time you use it. This unique reward scheme makes this UK credit card more fun compared to others.

After weighing all the pros and cons, advantages and disadvantages, you may now choose the best UK credit card for you.

The Cost Of Credit Cards

Although some choose to rush into getting a credit card, they normally do so without being aware of the costs.  A lot of credit cards out there come with hidden costs and charges, and you should always be aware of this before you apply.  In most cases, these fees and charges won’t get noticed by the user until it is too late.

Credit card holders who aren’t aware of any hidden costs could easily end up paying possibly thousands of dollars at the end of the year - and not even realize it.  If you have a reward credit card, your rewards could easily be destroyed by these hidden costs.  Although some credit card users may realize it, there are many out there who aren’t aware of these costs at all.

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The first factor for hidden costs is found in the grace period.  The grace period is the extra time you have to pay your bill without having extra fees added to your bill.  Even though this can be great for paying your bill, it can quickly lead to a pitfall if you let it.  To avoid any type of costs or hidden fees, you should pay your bill as soon as it arrives.  This way, you won’t have to worry about your grace period or the interest that can accrue from letting your bill get later and later.

The late fee is another factor with credit cards that is often overlooked by credit card users.  Late fees are common with credit cards, although their potential for costs is often overlooked.  Some people choose to pay it and be done with it, unaware of the fact that these costs can indeed add up in no time at all.  To be on the safe side, you should always know what the late charges are and how fast they can add up.

The easiest way to avoid any type of hidden fees or costs is to pay your bill on time - as soon as you receive your bill.  You should also pay more than the minimum, as this helps to pay your bill off faster and ensure that you pay the bill and not just the interest.  Paying your bill late is never a good thing, as it can easily destroy your credit report.  If you continue to make late payments, your company or bank can increase your interest rates.

No matter what you do, you should always pay your credit card bill on time.  Hidden fees and costs are out there - it’s up to you to avoid them.  Credit card companies and banks won’t tell you what the hidden fees are, unless you ask them.  To protect yourself and your credit - you should always be aware of the costs - and how to prevent them from happening to you.

The Air Mile Credit Card

Air mile credit cards give you points or miles with every purchase you make, which you can redeem for traveling related expenses.  In most cases, you can use your points or miles to get a free airline ticket to travel to a destination of your choice.  Frequent flyers can use those very miles or points to redeem your reward faster.

There are a lot of companies out there that offer air mile cards.  You can choose to get one online, through a bank, or even a credit card company.  Each one is unique, and offers it’s own unique set of features.  Before you select your card, you should always look at different companies and compare them as well.  Normally, you will get a point or mile for every dollar you spend.  You’ll also want to look at blackout dates as well, as many companies have decided to drop them and their expiration dates completely.

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You will also want to find out what type of purchases you make with your card give you reward miles.  Some purchases that you make may not be included in your reward incentives, which is why you’ll want to find out what purchases are and aren’t included.  The bigger purchase items, such as televisions and furniture may have more miles included, which is why you’ll want to inquire.

Another area of importance is the interest rate.  You should look deeper into the air mile credit card that you are interested in and find out how much the interest rates are and if there are any annual fees to using the card.  Although your rewards may sound great, you don’t want to pay too much in fees or an annual rate just to reap the benefits.

Even though they have been around for many years, air mile credit cards are very popular for those like to travel.  These cards can also help you with rental cars and hotel expenses as well, as long as you use the points you have accumulated by using your card.  The get the most out of an air mile credit card, you should use your card on a frequent basis.  You can really rack up the points if you purchase everything with your credit card - instead of using cash.

Air mile credit cards are great to have, as long as you don’t end up paying an arm and a leg in fees, and the annual rate isn’t that high.  If you check into what each manufacturer offers, you can normally get a great deal.  Also, make sure that find out what other rewards are included with the air mile credit card you get as well - as this can help you to make your decision when you finally decide to get the card.

Student Credit Cards

In today’s world, having a credit card is a luxury.  Credit cards are a great convenience, meaning that you don’t need to worry about cash when making a purchase.  Although some credit cards have strict requirements, there are a lot of manufacturers that are giving both high school and college students the chance to get their own credit cards.  Student credit cards can be used the same way as a traditional credit card, although they do come with certain restrictions and limitations that other credit cards don’t normally have.

A lot of companies and banks that offer student credit cards will normally need a co-signer as a form of insurance or collateral.  This person will sign on the loan with the student, and will be the person the company falls back on if the student is unable to pay the bill.  Normally a parent or guardian, the co-signer is considered to be back up and a peace of mind for the issuer of the student credit card, as they can always count on the co-signer with good credit to pay if the student can’t.

Normally, the APR or interest rate is higher with student credit cards, which helps to minimize the risk for the company.  The spending limit is also different with these credit cards, as most are between 250 - 800 dollars.  The reason for this, is because most students have established any credit, and therefore won’t have a great credit rating.  Although the spending limit is obviously lower with these cards than other credit cards, they will still help students establish credit.

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Students who plan to make a large purchase, can greatly benefit from using student credit cards.  To make large purchases, you’ll need good credit - which is where a student credit card can really help out.  You can use these credit cards as a stepping stone to building credit, and establishing a good credit rating.  If you can get your credit rating high with your credit card, you’ll then be able to be approved for much higher loans in the future.

Student credit cards can also help students gain a sense of responsibility.  The card works just like any other credit card, although the spending limit is much lower.  Once the student has mastered usage of the card, he or she can manage money much better later on in life.  These cards are great for students to have, and can teach them money skills that will last a lifetime.

Just like traditional credit cards, students should also know that student credits cards can be dangerous.  Although they are great to have, there are pitfalls such as overspending.  If students spend more money than they having coming in, they will be unable to pay their credit card bill, which will then affect their credit.  If the company goes after the co-signer to pay the bill, it could also affect their credit as well.  Therefore, students should always have a budget in mind before they start using their credit cards.

All in all, student credit cards are great to have.  For high school students or college students, these credit cards are a means of freedom, and a way to teach responsibility.  They can come in handy during emergencies, which is reason enough to invest in them.  If your son or daughter is in school right now, you should look into student credit cards.  They can help your child to establish credit - which will take them farther wherever they go in life.

Small Business Credit Cards

In today’s economy, small businesses play an important role.  These days, it is easier than it ever has been to start a new small business.  There are all kinds of new businesses popping up all over the United States, from department stores to gas stations.  With new businesses on the rise, the owners should be looking into small business credit cards - for numerous reasons.

The best reason to get a small business credit card is for separating your personal finances from any business related finances.  Once you have a small business credit card, you can start making all of your purchases via Internet, phone, or in person.  Business credit cards are accepted virtually everywhere, which is great for those who need equipment or supplies in a hurry.

If you own a small business, you’ve probably experimented with using your personal cash for company purposes.  This can get ugly in a hurry, which is why you should invest in a credit card for your small business.  You can make purchases without having to worry about cash, then pay it back later.  You won’t need to keep track of everything either - as you statement will be mailed to you at the end of the month, letting you know exactly how much you spent.

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A small business credit card is also a great way to establish some credibility with your business as well.  When you pay with your credit card, it looks a lot more professional than using cash to make your purchases.  It will gain the respect of financial companies, and help your business build some credit as well.  After you have had a credit card in good standing for a few months, you’ll be able to apply for a small business loan and get the best rates - along with the higher amounts.

Even though your business may not have a 6 figure income or budget, small business credit cards can still help your business grow and prosper.  Credit cards are always great to have, simply for the fact that you never know when you need money.  Your office equipment may crash and need replacing, or another emergency may come up.  If you don’t have a credit card for your business, the financing alone could shatter your daily operations.

Small business credit cards will also give you plenty of rewards as well.  Most cards will give you cash aback and certain rewards on just about anything you purchase.  From gas to equipment, you can get rewards simply for using your credit card.  You can increase your profit margin as well, which is always a great thing.  If you have other workers who are authorized to use your credit card, you’ll get more rewards - and much faster as well.  This is also easier on your business, as your workers will be able to get what they need, when they need it.

All in all, small business credit cards are always great to have around.  They will provide your business with rewards and convenience, eliminating the need to use cash with each purchase you make.  These cards will also protect the future of your business, and allow it to grow.  If you own a small business, you shouldn’t hesitate to look into these credit cards.  Once you have found the best credit card for your company, you shouldn’t hesitate to apply.  Credit cards are always great to have around - even if your business is just getting started.  Before you know it, your small business credit cards will more than pay for themselves.

Protecting Your Personal Information

We all know that criminals are out there, waiting to steal our credit card information.  These very criminals want credit card information so they can run up the charges then leave you holding the bags - with nothing to show for it.  Even though some are local, most credit card criminals are in far away lands.  Worse than that, they like to hide or go by other names so it’s virtually impossible to track them down.

The most common way for criminals to get credit card information is through phishing, which involves a fake email that appears to be sent from your credit card company.  Normally, this fake email states that there was an error with your account, or that it was accessed by unauthorized personnel and needs your attention.

Spotting fake emails isn’t hard to do - as long as you know what to look for.  The most obvious hint for most, is the fact that they don’t even have a credit card from the company that has sent the email.  For others, the link is what gives the fake email away.  Anytime you get an email from a credit card that you believe to be fake, you should always hover your mouse over the link, then “right click” the link with the mouse and select “view source”.  If the link is indeed fake, the website address that comes up will be something other than that of a credit card company.

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The criminals don’t want you to look at the source for their website, as they simply want you to click on the link before you look at anything else.  Once you have clicked on the link, you’ll arrive at a website that is usually an exact copy of a credit card website.  Fake sites normally include everything that the actual site does, including the logos and banners.  Even for the most amateur of credit card criminals, web pages like this are very easy to create.

Those of you who have fell victim to this scam, probably realized what you have done little too late.  Once you have entered in your credit card information, you have done exactly what the criminals wanted and put yourself in violation of credit card fraud and identity theft.  Once the criminal has your social security number and credit card information, he is more than likely to use that information to go on a shopping spree - stealing your money and running up your account.

If you receive an email such as this, you should always delete it.  Even if you just click on the fake website to investigate, you may do more harm than good.  Even though you may not enter any information at all, your computer may get infected with viruses or spyware simply because you clicked on the link.  To avoid this altogether, you should never click on a link that you believe to be a fake credit card company website.

If you do your part and protect your credit card information, you won’t have anything at all to worry about.  Your personal information is very important, as you never want it to fall in the wrong hands.  As long as you protect it, you won’t have anything to worry about.  There are always criminals out there, which is why you should always be on guard.  Criminals want your personal information and your credit card numbers - it’s up to you to ensure that they don’t get it.  A criminal will do anything to get what they want, which is why protecting yourself is so very important these days.

Options For Good Credit Cards

Those of you who are looking to get the best options with your credit card, should first look into the terms associated with that card.  There are a lot of different features that you can get with credit cards these days, including low APR, rewards, no annual fees, and several other perks designed to keep you using your credit card.

There are several credit cards that you can choose from as well, giving you a slew of different options.  There are credit cards with instant approval, credit cards with low interest rates, cash back credit cards, reward credit cards, and even prepaid credit cards.  If you have good credit, you won’t have a problem getting any type of credit card you desire.

Most people think of the best options with credit cards being the rewards.  Reward credit cards are great to have, as they give you extra incentives for the money you spend.  Whether it’s cash back or points to redeem towards hundreds of items, cash back cards make it worth your time and interest to use your credit card.  These cards are becoming very popular, as they offer you features that other types of credit cards generally don’t offer.

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Another great option for credit cards is low APR rates.  Your APR, or annual percentage rate, is the amount of money that you pay at the end of the year for your credit card.  If you can get a credit card with low APR and low fees, you should hang on to that card.  Credit card companies and banks are always competing for your business, and you can normally find credit cards these days with some truly impressive features.

To get the best possible options for your credit card, you should always shop around and compare what each company or bank has to offer.  Most options found on credit cards will vary from company to company and bank to bank.  If you have access to the Internet, you should use it to find yourself the best possible credit card.  There are literally hundreds of credit card offers found on the Internet, many of which offer you some truly great options with their credit cards.

Before deciding on your credit card, you need to determine which options are the best for you.  This way, you’ll know exactly what to look for.  The better credit cards will include several different options, such as low APR, low fees, and certain rewards as well.  These types of credit cards are easily the best investment, as they give you a lot of bang for your buck.  If you play your cards right and look for the right credit card - you’ll get the options you desire with a credit card that you’ll be proud to use.

Maximizing the potentials of a low APR credit card

Indeed, if a credit card is used properly, it can be the most powerful financial tool. But not everybody can afford all the expensive rates of most credit card issuers offer. This is where the low APR credit card ushers in—to help people who plan to maintain a balance on their account and not to pay the full amount monthly. But, what does APR stands for in a low APR credit card?

Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate” of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement.

Although the arrangements and terms may vary from lender to another, it is better for people to avail a low APR credit card because the lower the APR, the better the deal for them to spend more money in shopping around.

Why choose a low APR credit card?

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Low APR credit card is a good choice for those people who are into a tighter financial budgeting. Being the most important attribute of a credit card, APR determines the significant balance over a longer period of time.

In a low APR credit card, the amount of interest one must pay on his or her credit card balance depends on its APR because the lower the APR is, the better it is him or her because it means they have to pay less interest. APRs in a low APR credit card can either be “fixed” or “variable.”

If you are planning to have a low APR credit card, there are so many cards that offer low APRs that can be found online. These low APR credit cards are chosen using a factoring scheme that organized these cards by computing a number of their attributes to place the best deals at the top.

Some of the questions one have to ask when looking for a low APR credit card includes the charges—if they vary or a fixed rate; and if these charges are variable because it might affect the repayments and if these rate are fixed or will it stay the same. Searching for a low APR credit card may also include inquiries on the possibility of any charges that are not included in the APR like optional payment protection insurance or an annual charge. If there are any, make sure that you understand what they are and when do you have to pay them. Lastly, looking for a low APR credit card should include questions on the conditions of the credit and how would these conditions suit you.

 If you are now seeking for a low Apr credit card you may begin looking for a scheme that could help you save hundreds in interest with a low interest credit card and low cost processing.
Most low APR credit card offers 0% APR for the first months on purchases, cash advances, and balance transfers. Through these, low APR credit card can warn rebates towards any item purchased. They also offer $0 liability on unauthorized purchases, and no annual fees.

Some low Apr Credit Card that have very good intro rate for purchases is recommended for those who would want to avail one. They also offer good deals if one carry high balances on other cards and need to transfer the balance.

Indeed, having a credit card can be useful and convenient, and can even help build a strong credit history that will help you with future activities like home-buying, paying for higher education, and even finding a job. But, before you apply for a card, consider the advantages and disadvantages especially with the current financial situation you are in.

Ideal Offers For Credit Cards

With many people, looking for the best credit is a very tough task.  Even though there really is no “best” credit card, there are credit cards out there that are the best for you.  There are many different types of credit cards available, some that may be for you and some that won’t.  With so many to choose from, it can be tough finding your ideal credit card.

No matter type of lifestyle you have, how much money you are looking to spend, or how you plan to use your credit card, the one thing you should always pay very close attention to when choosing your card is the APR.  Most people, choose the credit cards with the lowest APR, which gives you better interest rates.  The lower the number of APR you can get, the less you’ll have to pay.  Many times, the best credit card offers are those with the lowest interest rates.

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No matter what type of credit card you choose, you should always pick the one that best fits your needs and interests.  If you look at several of the companies and compare their rates, you’ll find the best possible deals.  You should always compare companies and what they offer before you make a decision, so that you can find which company fits as your best credit card offer.

If you have never applied for a credit card before, you may find it quite difficult to get a low interest rate.  If this is the case, you’ll find other offers that will give you what you need.  Those of you who have bad credit or no credit, will obviously need to look into credit cards that will give you credit at the best possible deal.  Once you have had your credit card for period of time and begin to establish credit, you’ll be able to go back and apply for credit cards that offer a much lower APR, or interest rate.

Although you may get an offer from a company that sounds amazing, you should read the fine print before you sign the dotted line, then look around at other companies.  With the credit card industry being so competitive, there are hundreds and hundreds of companies out there willing to compete for your business.  Before you rush into an agreement, you should always find out what other companies will off you.

No matter how you go about getting your credit card, you should always look around for your ideal credit card offer.  Even though your choice may be questioned by others, it will be the credit card that you feel most comfortable with.  If you put some time and research into looking and compare other offers - you’ll find the best credit card for you and your money.

How To Avoid Late Fees

Although it may be overstated, there is a lot of truth to people ruining their credit score due to missing payments and paying their credit card bills late.  The fees can pile up and the interest rates can grow before you know it, and after a while you won’t even be able to pay the minimum amount of payment.  If you don’t do something fast - it could be the beginning of the end.

To make sure this don’t happen to you, you should always pay your bill on time, and always avoid missing a payment.  Sometimes, it can be hard to make your payments on time, although you should always do everything in your power to ensure that you stay on top of things.  Below, you’ll find some tips to help you with your credit card payments.

As stated above, you should always pay your bill on time.  If something comes up and you aren’t able to pay, you’ll be penalized.  Even though you may think what has come up will justify a late payment, it doesn’t justify the means in the eyes of your credit card company.  Inside of your bill, you’ll find detailed instructions regarding payment.  You should always follow them as accurately as possible, pay where and when you are supposed to pay - and do it on time.

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If you simply aren’t able to pay your entire bill, you shouldn’t worry about it - but instead pay the minimum amount possible.  Even though you may be able to pay more later, you should always pay at least the minimum amount.  Then, when you have more money, you can always add to your minimum payment by sending in an additional payment.

The easiest way to do this, is to always have the minimum payment amount set aside, so that you have it once your credit card bill arrives.  Once you have assured yourself that you won’t be penalized or charged any late fees, you should look into paying a higher amount than just the minimum balance.  By paying the minimum amount, you’ll also ensure that no other fees will be added to your next credit card bill.

Another option includes skip a payment, although you’ll need to check whether or not your credit card company offers it or not.  This service will allow you to request a waiver regarding your payment, when something comes up and you don’t have the money to pay your bill.  Make sure that you use this service wisely if you have it, as it can only be used once a year.  Therefore, you should always ensure that the situation is truly an emergency and there are no other options available for you.  This service will normally have a cost as well, and you’ll need to pay it the following month.

Although credit cards can be great for numerous reasons, you should always know your interest rates and have a good general idea of what your bill is going to be before you make a purchase.  Many times, those who have credit cards will make purchases, knowing they can’t make the payments - then suffer when they get the bill and aren’t able to pay it.

Anytime you have a credit card, you should always make sure that you have the money to pay the bill, or the minimum amount, the minute it arrives.  This way, you’ll remain in good standing with your company and your credit score will continue to increase.  If you simply aren’t able to make your payment, you should contact your credit card issuer immediately and see if you can work something out.

Getting Your Credit Card Online

We all get credit card offers through traditional snail mail, and we all know how they work.  Although many credit card offers in the mail claim that you are already pre approved, you still have to wait weeks and weeks before you hear anything back once you apply.  These days are long gone though, as the Internet has made everything easier.  With the Internet, you can apply for a credit card online and receive a response if minutes - instead of waiting weeks and weeks.

If you have good credit, you’ll have no problems at all being approved online for a credit card.  Those cards that have the best terms and rates are always available for those who have good credit.  Therefore, before you apply online, you should know how good your credit is.  You can always get a free credit report online, and check your credit yourself.  If you do this at least twice a year, you’ll always know where you stand with your credit.

If you don’t know your credit score of if you haven’t looked at your credit report in a long time, now would be the time to do so.  Look over your credit report, and fix anything that doesn’t add a positive to your report.  Always keep in mind that even being turned down for a credit card online can affect your credit score as well, and play a major role with future credit offers.

Once you have looked at your credit report and determined how good your credit is, you can apply online for an immediate answer.  No matter which credit card company you visit online, they will all ask for your personal information, such as your name, phone number, social security number, age, employer, income, and things of that nature.

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Before you fill out the application online for your new card, you should always go over the terms and conditions very carefully.  You should look at the APR, and ensure that there are no surprises.  Once you have applied, the company will use your social security number to pull your credit report and use it to determine your credibility and whether or not they can be approved for a credit card.

When you begin filling out the application, you should make sure that the website you are using is encrypted.  The standard encryption these days is SSL 128-bit, which ensure that the information you are sending is protected.  If the website has less than 128-bit encryption, it may be possible for someone else to steal your information - which could result in identity theft.

Once you have finished filling out the application and send it on, you’ll have the final decision in a matter of minutes.  If you are using a credit card company with the right technology, the decision will be shown on the screen.  If the decision isn’t shown on the screen, it will be mailed to you via traditional snail mail.  In the event that you don’t get approved, you’ll be mailed the reason why.

If you’ve been approved, you can expect to receive your credit card in the mail within a few days.  Applying for a credit card online is always the preferred way to receive a credit card, as things will work much faster.  No more waiting for weeks at a time to receive a response, as you’ll know instantly.  There are hundreds of online credit card companies looking for your business - which gives you plenty of choices when choosing the credit card - and company that is best for you.