Visa Credit Card
Creditcard Vergelijken
Citibank Credit Card
Canadian Card
Credit Cards Basics
Loan Consolidation
teaser rate
Do an online search and check all options well before you settle on a specific credit card debt reduction plan. To avoid a huge credit card bill the month after you get a cash advance its best not to take one in the first place. There are many consumer groups out there who can give you advice about the credit card offer you are interested in. Important security, privacy, and financial stipulations (including hidden fees) are often thrown into the TOS; many don't read them until they find themselves in a fix. You may find that with all the debt you have to pay off you can't afford to pay anything more than the amount of minimum payments. Another strong reason is that 0 APR cards don't offer any kind of additional benefits, while low APR credit card options do offer some of them.
been denied credit
Transfer the balance from the credit card with the higher interest rate to the one with the lower rate so that you are not paying as much monthly. Most credit card companies offering this option will require 0 to 0 before issuing the credit card to the customer. If the grace period is relatively short on the card you are looking at but it had a low interest rate it is worth it to look at some other card options. Finally, he has waited 10 days and gets the last payment and sends a check. Compare apples to apples and research the different options that are offered in the market to find a 0 APR credit card that suits your financial lifestyle.
"I'm serious, I got a free hedge trimmer," says Dave, excited as usual. "It's a great one - the one I wanted to get. I can't believe they're giving this away for free," he adds.
" Uh huh. And how did you get this again Dave?"
"I got it from a credit card company. I was tired of the bank I was with and when I saw this credit card offer, I just couldn't say no."
This conversation has taken place several times. I'll get Dave to explain.
History
"Dave?"
"Yeah."
"Didn't you get some other great credit card offers with the last card you applied for?"
"Well, sure. They gave me their winter special - a free electric blanket. That was great too, I am still using it."
"Okay. But are you still using that card?"
"You know the motor on this hedge trimmer is just amazing, it cuts through anything."
"Sure Dave, it sounds great, but are you still using that credit card?"
"No way! You must be crazy. Those guys were starting to charge me for everything. When we moved, they even charged me to have our records updated."
"You're kidding?"
"I'm not, man. They charged me five bucks just to change an address. No way was I staying with them."
"Didn't you have problems with the card before that - incorrect charges or something?"
"Oh yeah, you're right. They said I had spent close to five thousand bucks in Vegas. There is no way I could spend that much and get away with it - you know how Cheryl's is about money."
"But I guess there was a credit card offer with that one too?"
"Yeah, they let me skip payments - up to three times a year, only"
"Only what, Dave?"
"Only they kept charging me interest and, well, it got a bit out of control."
A Wake Up Call
"Hmm.. So let me see if I've got this right, Dave. You're saying you've had three cards, all with a credit card offer that sounded too good to be true, and in the end, it was?"
"Well, yes, if you put it like that."
"You see Dave, you have to be careful. There are a lot of companies out there and they know how to put together an enticing credit card offer. Some may have lower rates or special payment plans and some may even give out cool stuff to lure you in. However, the credit card companies will still get the money out of you one way or another just to pay for the credit card offer."
"Hmm, sounds familiar, what should I do?"
"Well always read the small print or get an expert to help. There are many consumer groups out there who can give you advice about the credit card offer you are interested in. With a little help you can get the credit card offer that is right for you, and it doesn't cost you anything."
"I think I need to talk to those folks about this. I've had it with this credit card offer business."
"I think you do too, Dave, I think you do too."