Choosing The Best Credit Card Made Easy With innumerable offers floating in the market, choosing the best credit card is often a very difficult and confusing thing. Add to it the fact, that some offers are too good to be true, yet there is always a lingering suspicion about the validity of the offers and the hidden catch. Things To Be Careful Of While Choosing A Card Many credit card companies offer low interest rates in the beginning,...more
What Are Credit Card Offers And How To Find Them Credit card offers are often part of a wide spectrum of benefits that a customer can receive. This is one of the reasons why a great credit card for one person is just ordinary for another. These offers target specific customers and that is the reason one must be careful to pick and choose a credit card. Types Of Offers Travel And Hotel Benefits Credit card offers include airline miles,...more
Pros And Cons Of Low Interest Credit Cards The name might lead many to believe that these low interest credit cards have lower interest rate on outstanding balance beyond the bill payment date than other cards. This is true to some extent but not entirely. In reality, the interest rate also known as APR is of two types, the initial APR and the regular APR. The initial APR is either 0% or very low for many credit cards, while the regular APR is the more nominal rate charged after a fixed time period. The point to consider here for customers is what the time frame of the initial period is. Types Of Initial Periods For example, the Capital One Venture rewards Credit card has the initial period lasting up to May 2011, which is one way of specifying the time period. Therefore, the card benefits include no interest rate or 0% APR on all purchases during the time frame which is very good. If you are a customer with a clean credit history and no outstanding debt, you could prefer this card. Another way of looking at the initial period is by distinguishing between balance transfers and general purchases. Chase Freedom Visa card has 12 months initial period for balance transfer...more
What You Should Look At To Compare Credit Cards? Are you flooded with information about credit cards, the deals, offers and interest rates on outstanding dues? If you are getting more and more calls from credit card agents singing paeans about their own cards, you need to step back and streamline your process to compare credit cards. This...more
Different types of Credit Cards and Understanding Credit Card terms What Is The Difference In Credit Card Types ?There are credit cards for everyone, I will explain two major differences between them so you will understand. Secured Credit Cards: A credit card secured by a savings account that has been established in advance by the borrower....more
Types Of Credit Cards You Can Choose From The introduction of credit cards has changed the dynamics of world business to a large extent. Now you don't need to have money to actually buy something. Making purchasing power independent of immediate liquid cash has lead to greater consumer consumption and spending. There are various types of cards that give the owners a range of limits, benefits, rewards, offers and deals. These cards are handed out based on the customer loyalty and credit history and the overall income.StandardThese are the most common form of cards that are given out by most banks. Standard credit cards are generally used by most customers for personal expenses and are usually of two types, balance transfer card and low interest card. The balance transfer card is generally offered to customers to allow them to transfer their high interest outstanding balances in various other cards to one single debt with low interest. Some companies even offer a 0% interest rate to start with. However, customers need to be careful when taking up such offers and make sure they know all the conditions of the card well.The low interest card is generally useful for those people...more
The Strategy Behind Credit Card Deals Some companies give back part of the cash you spend, some give you gifts, while others give you special services. All these are offers from credit card companies which aim at two things. First is to...more
Statute of Limitations on Credit Card Debt There are statutes of limitations on credit card debt in every state in the United States. These laws set time limits on debt collection lawsuits. The statutory periods vary from state to state....more
With a negative credit profile, it is always a tough task, acquiring funds, to satiate the various needs and demands. Of course, no lender would like to undertake risk by offering funds to someone, who is considered to be a risky proposition....more
How to Save on International Calls While Avoiding Prepayment Credit Checks and Switching Carriers Do you use a calling card from home to save money on long distance or international calls? If so, is the card included as part of your long...more
Avail Free Debt Consolidation Help and Get Out of Credit Card Debts There are many debt settlement programs available to do away with your credit card debts. But each program has its own set of eligibility criteria. Besides, the federal...more
In using a credit card, consumers need to be very smart to avoid the trap of bad debt. Indeed, it is a conscious decision that every card holder has to make. But what if you are already trapped in credit card debt? Can you find the way out on your...more