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10 Simple Steps to Manage Your Credit
By far the greatest invention the banks have ever come up with came out in the 20th century. Also the new field of Credit Management was born with the invention of the credit card. It is the most available out of any financial product out there. In...
Accepting Online Credit Cards
When you opened your new business, you thought that everything
would be fairly straight forward. After all, businesses every
day complete credit card processing, online credit card
approval, and internet business. But finding the right way...
Bad Credit Mortgage Loans – How To Get Approved
Persistence is the key working toward getting approved for a bad credit mortgage loan. There are many factors that you, as a borrower have control over that can help you get approved faster and easier. There are guidelines that most sub-prime...
Escaping Late Fee charges on your Credit Card
It's a little known fact that late fees account for an IMMENSE proportion of credit card companies' profits, as much as 30% in the case of some lenders! You may never have encountered a 'late fee' before, but if you use a credit card, you probably...
Methods To Arrange The Best Credit Card Deals
That credit card you always use for shopping or paying something you thought you may need can bring you a lot of advantages if you know how to ask for it and what to chose. There are some steps to make you reach a better credit card deal:...
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Choosing a Credit Card
Everyone has different needs when it comes to choosing a credit card. If you pay off your monthly bill in full on a regular basis, for instance, you’ll want a different kind of credit card than someone who keeps a balance every month. Or, if you collect some sort of points, you may want a card that helps you gather more, faster, with every purchase. This article will discuss the different things to think about when trying to decide which credit card to apply for.
Choosing a Credit Card: Fees
One of the most important and first thought of issues with getting a credit card is fees. Fees can include not only the annual fee, but the interest rate charged on any balance you carry, any late fees, and ‘other’ fees that a credit card company may charge.
If you are able to pay your full balance every month (as is highly recommended by the experts), you’ll be better off with a no annual fee card. However, if you are like most people, and plan on carrying a monthly balance, instead you’ll want to look for a card that offers an extended low interest rate. Also, find out how long the low interest rate is valid for; many of these credit card rates are merely teasers, and expire after a couple of months.
It’s very important while comparing credit card companies that you look closely at how interest is charged, not just the rate it’s charged at. For instance, it’s a big financial difference if interest is charged on the average daily balance of the last month, than if it’s charged daily based on the going interest rate. Read the fine print here, since it’ll pay off in spades, later.
And don’t forget the fine print with the ‘other’ fees – these can add up quickly. Does the credit card company charge when you take a cash advance, for instance?
Choosing a Credit Card: Acceptance
Where your potential credit card is accepted can make a world of difference when shopping around. If you travel extensively, then this is of the utmost importance – maybe even more important than fees, because if you can’t use your card, what’s the point in having it? Mastercard and Visa are the most widely known credit cards at the moment in North America, with American Express a distant third. Any others you’ll want to do some heavy research on to make sure where you want to use it, you can.
Choosing a Credit Card: Perks
Frequent flyer points and bonuses at local stores are both regular perks available with many credit cards today. If these options are important to you, make sure to research their dollar value in reference to the other bits and pieces as well, and compare them alongside each other.
Choosing a Credit Card: Credit Limit
Finally, your credit limit is something to look at when deciding on a card. Usually this step is easy, because it is decided by the credit card company, and not yourself. Just make sure that you aren’t getting too high of a limit, because as you well know, it’s difficult to dig your way out of too much debt.
About the Author
For more more information about credit cards please visit http://www.moneytipsdaily.com/Money-Tips/As-Total-Credit-Card-Debt-Surpasses-2-Trillion,a-Free-Software-Tool-Shows-Consumers-the-Quickest-Way.html
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
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| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
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| www.credit.org |
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| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
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| Credit Suisse Global |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
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| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
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| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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