Credit cards are such a convenience these days, and just about everybody knows it. This means that people want them and often want them in a real hurry. Credit card companies know this, too, and often present credit card “deals” that really are not deals at all. Certainly you have probably received applications in the mail and seen various offers for credit cards on the Internet. Here are some things that you need to watch out for in some of these offers.
Early Redemption Penalties What are they?
These days, more and more attention is being paid to APRs when people are shopping around for loans. However, with the majority of the population repaying the loan ahead of schedule the early redemption charge is now one of the most contested charges in loan deals.
Introductory Rate Credit Cards: Some Popular Features
Using introductory rate credit cards has become a popular way for UK borrowers to manage credit card debt. Introductory rate credit cards offer borrowers a preferential interest rate when they first sign up for a new card.
Choosing A Credit Card That Suits Your Repayment Habits
When choosing a new credit card it’s best to pick a card that suits your spending habits. However, this is not the most crucial factor. Even more important is to choose a credit card that matches your paying habits.
Are You A Credit Card Tart?
Some people use the word tart as an insult; others as a bit of friendly banter. Either way, it’s not the sort of term you associate with financial matters, especially not with credit cards.