"There is nothing worse than a sharp image of a fuzzy concept."Ansel Adams
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Consolidate Your Credit Cards - Lower Your Monthly Payments
If you're like most North American people today, you go through life carrying a fair amount of credit card debt. And if you're like most North American people, you're okay with that. $100 per month in repayments is fine, even if you're paying that much ...
How to Find the Best Low APR Credit Cards
Low APR credit cards are much more prevalent than in years past. Competition is stiff and credit card financial institutions offer many nice perks, rewards, points, low annual percentage rates (APR) and other inducements. They want to capture ...
The Danger That Low APR Credit Cards Can Wrought
Competitions is, indeed, healthy for everybody, especially where it can serve its purpose well. This can be well documented in the credit card industry. Why? It is because without competition, most credit card companies would not care if their charges ...
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The era of 0% APR credit cards is still with us. Yes, you can obtain a spanking new credit card featuring a very low introductory interest rate and take advantage of what amounts to "free money" for you for up to one year. You can use your new card to your advantage, but you must be careful that you fully understand how a 0% APR credit card works to order to maximize its effectiveness. I will show you how, so please keep reading for all the informative details!
Soon after the new millennium started, interest rates began to drop to historically low levels. By 2002, loan rates for government funds dipped to just less than one percent, pushing consumer loan rates down with it as well. Credit card providers, seeing a terrific opportunity unfolding, immediately began to offer 0% APR credit cards to new card holders and even extended the offer to their current customers.
Today, interest rates have been climbing for two years, but 0% APR credit card offers are still available to you. Quite frankly, the entire lending business is very competitive and credit card providers are willing to forego interest for up to twelve months in order to get your business.
To maximize the effectiveness of 0% APR credit cards, there are a few things that you must know:
Limited Time Offer. 0% APR credit cards contain an introductory period lasting typically from six to twelve months. This means that anything you charge during that time will not accumulate interest. Go ahead and spread out your payments over several months: If you purchase something for $1000, you can make four equal payments of $250 interest free. Keep earning interest on your savings and let the credit card company fund your purchase!
Transfer Balances and Save Big! Many 0% APR credit card offers will allow you to transfer balances from your existing credit cards to your new card and waive transfer fees. If you owe $3000 on your current credit cards and are paying 19% interest on your balances, you could save nearly $600 in interest payments over twelve month's time!
Pay On Time. Do not be lulled into thinking that a 0% APR credit card doesn't require monthly payments. If you miss a payment or are late, you could find that your remaining balance is subject to interest charges and penalties as your card shifts to a default rate. Pay on time or kiss your 0% APR credit card rate goodbye!
Pay It All Off. In some cases, you must pay off your balance before the introductory rate period expires. If you don't, the default rate kicks in. Make certain that you clearly understand your card's terms.
Clearly, a 0% APR credit card has strong advantages for the person seeking to make new purchases as well as someone who wants to transfer their balances. Use a 0% APR credit card to your advantage and put some money back in your pocket!
About the author:
Ed Vegliante runs www.Credit-Card-Surplus.com,a credit card directory enabling the consumer to compare and apply for credit card offers including 0% APR Credit Cards .
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 Pair suspected of using stolen credit cards (Sugar Land Sun)
Sugar Land Police are looking for two people who allegedly used stolen credit cards to make purchases at Walmart.
Woman sentenced for stealing credit cards (Columbia Basin Herald)
EPHRATA - A woman who stole credit cards from a mailbox near Moses Lake was sentenced to roughly two years in prison and about two years in community custody Wednesday.
Indian River woman, 87, unknowingly robbed of purse with $1,000, credit cards (Vero Press Journal)
On Thursday, she learned her credit cards had been used four times following her grocery trip at various stores.
The Upcoming Technology of RFID For Contactless Access Control, Passports and Credit Cards is Too Easy to Compromise ... (Business Wire via Yahoo! Finance)
RICHMOND, England----Contactless RFID is well established for access control for buildings; simply wave your pass near the reader and the door opens. This technology is now being rolled out in the UK and around the World for so called 'BioMetric passports' and credit cards because there are no physical contacts or magnetic stripe to wear out.
Man reports wallet, credit cards gone after rendezvous with prostitute (Sun-Sentinel)
An Okeechobee man told police that after utilizing a prostitute's services, he noticed his wallet with about $600 in cash and credit cards missing, according to a police report released Thursday.
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