Traditionally, your APR might increase if you made a late payment or if your account exceeded the credit limit. You may have assumed that if your interest rate increased, you had done something wrong. You may have been shocked to learn that a late payment on one credit account could cause the interest rate on …
0 APR Balance Transfer Credit Cards – How To Find The Most Popular One’s? Read More »
The zero fixed APR cards are a popular option for those who want to transfer high interest rate credit card balances to a new account where all the monthly payments will be applied directly to the amount of the debt. This can be an excellent method of paying down credit card debt. Though the interest …
0 Fixed APR Credit Card: Hard to Find But Worth the Effort Read More »
Not long time ago, there was no such thing as credit cards without annual fee. Instead, credit cards routinely carried an annual fee and these ranged from less than $20 annually to $100 or more depending on the credit lender. There was no clear relationship between the cost of the annual fee and the quality …
No Annual Fee Credit Cards – Learn More About Them Here Read More »
Have you seen the APR on your credit cards increase recently and wondered how to convince your lender to lower the APR? If the increase in interest rate is due to several late payments you’ve made, it’s doubtful you will be able to convince the lender to reduce the interest rate right away. However, if …
How Can I Get Credit Card Companies To Lower APR? Read More »
The problem faced by consumers currently is the lenders’ response to new credit card regulations that begin in 2010. With those new rules in place, lenders will no longer be able to increase your credit card interest rate without a good reason and will not be able to increase the rate on the balance unless …
How To Fight a Credit Card Interest Rate Change and Win The Battle? Read More »
In this article I will give you several tips on how to avoid interest rate increase on your cards and warn you about the common pitfalls you should look for. With little effort and focus you will be able to keep your budget healthy while enjoying the benefits of your credit cards. The Universal Default …
Reasons for an Interest Rate Increase on Credit Cards Read More »
How does personal bankruptcy affect your interest rate if you are recovering from past financial problems? When you file for personal bankruptcy, there are two paths to choose from. Chapter 13 Bankruptcy provides an extended period of time for you to pay your debt. The payments are based on your current income and must be …
How Does Bankruptcy Affect Credit Card Interest Rates? Read More »
Financial institutions around the world are watching the affect of RM50 tax recently announced in Malaysia. This is perhaps the first government effort to regulate consumer spending in a way that encourages people to slow their spending. The Secretary-General of the Muslim Consumer Association of Malaysia announced the new tax was intended to limit the …
Knowing how card rates work in practice can save you quite a bit of money in interest and fees. It’s not as simple as knowing what the interest rate charged on the card will be. Each credit lender has different fees and large credit lenders often have different fees and interest rates for each card …
No, zero interest cards are definitely not a myth! If you are one of the countless people with credit card debt and high monthly interest payments, 0 interest credit cards may be able to help you relieve the stress of those payments. You could also save money and pay down your debt faster. Many people …
