Mano y mano, which one is better do you think - a credit card with low, ongoing APR or one that offers 0% APR as an intro rate?
There are so many types of credit cards that offer all sorts of promotions and rewards that it's definitely hard for a consumer to pinpoint which one would best suit their wants, needs and present financial situation. If, however, you've already managed to reduce your choices to just two and the battle's simply between the low ongoing APR credit card and the 0% APR intro rate credit card then here are several tips to help you determine which one is the best credit card for you.
Are You Planning To Buy Anything Expensive - Yes, the words zero percent can certainly be dazzling to the eye but is it something you really need? If you're planning to buy something very much expensive and that's beyond your budget then yes, it might be better if you go for a 0% APR intro rate credit card - just as long as you're sure you'll be able to pay off the full amount before the introductory period is over. Because if you can't and you don't, then what's the use of having 0% APR in the first place?
How Long Does The Introductory Period Last - Generally, for credit cards offering 0% APR intro rates, the introductory period usually lasts from ninety days to fifteen months.
If you're going to purchase something expensive but you don't think you can pay it off before the introductory offer expires then it's time to bring out your calculator once more. Compute how much your balance would be after the introductory period and see if it's still lower than what you'll pay with a low ongoing APR.
What Would The APR Be After The Introductory Period - Going back to the previous situation, let's just say that you don't think you'll be able to pay off the full amount in time. If the new APR is higher than what other low ongoing APR credit cards are offering then maybe, having a 0% APR intro rate credit card isn't the right credit card for your needs.
Are There Any Other Fees To Pay - Whether it's a 0% APR intro rate credit card or a credit card with a low, ongoing APR, don't forget to ask if there are other fees to pay. Naturally, it's better to stick with the credit card with lower fees.
Credit Secrets Bible
Get APPROVED For The CAR, HOME, Business Loans, and CREDIT CARDS You Deserve!
YoureApproved.org
has been created to help those who have bad credit find the credit they deserve. Personal loans, business loans, credit cards and mortgages are all within your reach with us! No matter how bad your credit situation is, you will not find a better resource than YoureApproved.org!!
ARTICLES
Is There A Way Out Of Your Debt Problems?
Do you have multiple debts? Do you have just one large debt which you could afford, but your circumstances have since changed? Are you finding it harder each month to meet the payments on your debts?
By: Roy Thomsitt
Essential Tips on How to Get a Credit Card
Banks and their marketing associates and divisions are vying with one another to capture a thick slice of the "credit card pie." Offers by phone and mail of free credit cards, pre-approved credit cards, cards with special bonanzas, money back schemes, low introductory rates, and umpteen other perks pour in tempting you everyday.
By: Paul Wilson
5 Tips for Repairing Bad Credit
For most of us, overspending can be very hard to tame. But if you already have bad credit, it is the number one strategy for getting your finances under control.
By: Gretchen Reese
Debt Consolidation Tips: An "All in one" Guide!
Debt Consolidation loans merge all your debts and bills into a single payment. This means, that if you have several monthly payments or a number of different loans, you can make things easier by consolidating them and taking one single loan to pay off the total debt. Debt Consolidation loans reduce your monthly payments by lowering the interest rate or extending the repayment period or sometimes both. Debt Consolidation Loans are ideally offered to those who are unable to manage their monthly payments. They are a good option for you to reduce your debts and gradually move to a debt free life.
By: Marsha Claire
Adverse Credit Debt Consolidation Loan to Mitigate Ills of Bad Credit
An individual's credit rating plays a key role while borrowing money from the loan market. It becomes difficult to get a loan when you have adverse credit rating. Adverse credit debt consolidation loan can work as an effective solution in this case. It helps in consolidating a borrower's debt into one affordable loan at better terms. Read the article to know how an adverse credit debt consolidation loan can help you get out of debts.
By: Rick Russell
Debt Problems - Learn how to deal with them boldly
Debts become a problem when you don't know how to manage it and the way out of it. Debt is a serious problem. It is easy to run away or to ignore a problem. But, a wise man will face the problem boldly and will try to find a remedy for it. It is always best to deal with debt problems from its developing stage. Read the article to know how to get out of debts... ... ...
By: Rick Russel
Everything About 0% Intro Rate Credit Cards
Tired of reading review after review about 0% APR intro rate credit cards? Having no luck when it comes to finding an all-in-one-review about 0% APR intro rate credit cards?
By: Michael Colucci
Need to reduce debt? Consider a home equity loan.
High interest rates take a long time to pay off. Consider a home equity loan and get rid of high interest burdens.
By: Adam Jackson
Tips On Reducing Your Current Debt
Nobody enjoys being up to their eyeballs in debt. I mean let's face it life is hard enough without having to worry about how you're going to pay bills that seem to keep piling up all around you.
By: Tim Gorman
Can a Debt Consolidation Loan Help Your Credit Record?
Everyone hits occasional financial snags in life. Going to college, buying a home, or having a child can hit a personal budget hard, sometimes setting back the finances several months or even years. When that happens, a person's economic status can quickly spin out of control as one credit card after another gets maxxed out, building a mountain of debt that can be nearly impossible to dig out from under.
By: Katie Morgan
Credit Cards: Non reward Type vs Reward Type
There are just two basic choices for you - do you want a credit card that offers rewards and one that doesn't?
By: Michael Colucci
Credit Cards: Low APR vs 0% APR
Mano y mano, which one is better do you think - a credit card with low, ongoing APR or one that offers 0% APR as an intro rate?
By: Michael Colucci
Acting Smart With Your Credit Card
Whether you own a credit card that offers reward points, a credit card with a low ongoing APR or one with a 0% APR intro rate, it helps - and pays - to act smart with your credit card usage.
By: Michael Colucci
How To Manage Your Debt
Credit counselling agents will help you get out of debt, though they don't actually consolidate your debt.
By: J Shipper
Need More Credit, Come And Get It
Supposedly, the American economy has been thriving in the past 5 years, with a steady growth in the GDP. However, 90% of this growth has been due to the housing bubble.
By: Frank Hague
Is Bankruptcy The Right Way To Go? You Decide
For businesses, relying on issuing credit, the new personal bankruptcy law is doing great, reducing personal bankruptcy claims from the thousands to double digits.(In the short run).
By: Frank Hague
Did You Score Credit Today?
Keep Your Credit History Clean - Remove A Negative Credit Record From Your Credit Report
By: J Shipper
Keeping Your Credit Clean
Keeping your credit clean is a matter of due diligence and you should make it a priority to give yourself a "credit checkup" every year, much like you would make it a priority to get a medical or dental checkup.
By: Lee Dobbins
Eating Away At Debt
Use small steps to eat away at your debt and eventually you will be debt free!
By: Lee Dobbins
Cutting Back Today Can Get You Out Of Debt Tomorrow
If you want to get yourself out of debt, you must cut back and start applying the saved money towards your debt.
By: Lee Dobbins
Play the Credit Card Game and WIN
When we got married we had over $34,000 in outstanding debts, much of it on credit cards. After sitting down to have a good cry I got things into perspective. With a solid plan and the determination to stick with it, we could have those debts completely paid off within a couple of years.
By: Heather Peters
Page: 1 | 2
Save this page del.icio.us