1/05/2010
Another way that a zero interest offer helps
To realize true savings there really aren't too many better ways than taking advantage of 0% credit cards. Even though these are introductory interest rates, they still allow the cardholder the opportunity to manage their finances in a variety of ways, while affording him or her a way to save money.
If you are planning on making a big purchase then using a credit card with 0% interest is in essence a free loan. As long as you pay back the principal prior to the introductory period ending you will not be charged any interest. It can be a smart way to pay for big-ticket items such as televisions and vacation packages.
Another way that a zero interest offer helps consumers is that if they carry a balance then transferring accounts to 0 credit cards as a way to direct more money to paying down what is owed. This is accomplished because all of the money you submit as a payment is going towards paying off the principal and none to paying interest.
Of course it is absolutely imperative that you understand what the terms of the offer is before applying. You need to understand exactly how long the introductory period will last. Not only that but you also need to know what the interest rate will be when the intro period expires.
In addition to that there is other important information such as fees, grace periods, credit limits and details about rewards programs, if any, that you will want to be familiar with. This information can be found in the disclosure statement and or terms and conditions that accompanies the offer.
While there may not be nearly as many 0 credit cards as there used to be, they most certainly are still available. The best way to find them is by doing a search on a comparison site that features offers from the leading banks including Chase, Bank of America, Citigroup, American Express and Discover card.
Interested in Finding a 0 Credit Card?
Compare 0 credit card offers to find the one that best suits your needs.
Visit BestCreditQuote.com to review offers and submit your credit card application.
~Morgan
Article Source: http://EzineArticles.com/?expert=Morgan_Hamilton
If you are planning on making a big purchase then using a credit card with 0% interest is in essence a free loan. As long as you pay back the principal prior to the introductory period ending you will not be charged any interest. It can be a smart way to pay for big-ticket items such as televisions and vacation packages.
Another way that a zero interest offer helps consumers is that if they carry a balance then transferring accounts to 0 credit cards as a way to direct more money to paying down what is owed. This is accomplished because all of the money you submit as a payment is going towards paying off the principal and none to paying interest.
Of course it is absolutely imperative that you understand what the terms of the offer is before applying. You need to understand exactly how long the introductory period will last. Not only that but you also need to know what the interest rate will be when the intro period expires.
In addition to that there is other important information such as fees, grace periods, credit limits and details about rewards programs, if any, that you will want to be familiar with. This information can be found in the disclosure statement and or terms and conditions that accompanies the offer.
While there may not be nearly as many 0 credit cards as there used to be, they most certainly are still available. The best way to find them is by doing a search on a comparison site that features offers from the leading banks including Chase, Bank of America, Citigroup, American Express and Discover card.
Interested in Finding a 0 Credit Card?
Compare 0 credit card offers to find the one that best suits your needs.
Visit BestCreditQuote.com to review offers and submit your credit card application.
~Morgan
Article Source: http://EzineArticles.com/?expert=Morgan_Hamilton
having debt will not deter you from planning an amazing new year
Most of the Americans have been hit hard by the current crisis and they are still drowned in deep credit card debt. If you are also one of the victims, what are the appropriate steps you should take? Regaining financial strength is a must.
Bear in mind that having debt will not deter you from planning an amazing new year for yourself. You still can make the most of the coming year by staying positive and productive. Here are some tips on how to make 2010 a fulfilling year - a debt free year.
First thing first, many people make their resolutions but they do not fulfill them. You are advised to be determined and strict to yourself. Write down your goal and be committed to achieving it. In order to get rid of your outstanding balances from your credit card, you must ensure that you set a realistic budget. Stick it on your wallet so that you can warn yourself every time you spend money.
Secondly, set your priorities. If you have multiple cards, you should begin to focus on the card with the highest interest rate. Pay off the outstanding one by one. Prioritizing will help you to clear your debt faster and avoid paying finance charges through the nose.
Thirdly, create an "attitude" to-do list which you can use every day. Your list includes the following:
Choose to be positive in facing your debt
Minimize your usage of credit cards, if possible, stop using them
Change your spending habit
Save your money from every item such as meals, transportation, groceries, entertainment, etc.
Work harder to get promotion and salary increment
Look for opportunities to gain extra income
Last but not the least; make a commitment to yourself every morning that you will have an amazing day by saving some money to pay off your debt.
For more information about stimulus package credit card debt and paying off credit card debt, visit CreditCardDebtSolver.com.
Article Source: http://EzineArticles.com/?expert=Jeslyn_Jessy
Bear in mind that having debt will not deter you from planning an amazing new year for yourself. You still can make the most of the coming year by staying positive and productive. Here are some tips on how to make 2010 a fulfilling year - a debt free year.
First thing first, many people make their resolutions but they do not fulfill them. You are advised to be determined and strict to yourself. Write down your goal and be committed to achieving it. In order to get rid of your outstanding balances from your credit card, you must ensure that you set a realistic budget. Stick it on your wallet so that you can warn yourself every time you spend money.
Secondly, set your priorities. If you have multiple cards, you should begin to focus on the card with the highest interest rate. Pay off the outstanding one by one. Prioritizing will help you to clear your debt faster and avoid paying finance charges through the nose.
Thirdly, create an "attitude" to-do list which you can use every day. Your list includes the following:
Choose to be positive in facing your debt
Minimize your usage of credit cards, if possible, stop using them
Change your spending habit
Save your money from every item such as meals, transportation, groceries, entertainment, etc.
Work harder to get promotion and salary increment
Look for opportunities to gain extra income
Last but not the least; make a commitment to yourself every morning that you will have an amazing day by saving some money to pay off your debt.
For more information about stimulus package credit card debt and paying off credit card debt, visit CreditCardDebtSolver.com.
Article Source: http://EzineArticles.com/?expert=Jeslyn_Jessy
Why Consolidate
Learning how to consolidate credit card debt is one of the best things cardholders can do. Consolidation is perfect for those who are looking to better their credit for the future. There are many advantages for cardholders that take advantage of credit card debt consolidation. If you are thinking about consolidation, then there are a few things you should consider before doing so. Use these tips as a guide while you consolidate your debt.
Why Consolidate?
There are several great reasons to consolidate credit card debt. One of the best reasons is to get better rates. If you can get a better rate on a consolidation than you currently have, then there is no reason not to consolidate. Consolidating credit card debt can add up to substantial savings.
Look up all of your interest rates from each card and write them on a list. Then note the new rate you would be given. If the new rate is lower than the average of the old rate, then to consolidating your credit card debts would make financial sense for you. If there are cards that have a lower rate, then you don't have to include them in your consolidation.
Another reason people love to consolidate credit card debt is to make their lives simple. By paying one bill, they can cut out a lot of stress and bill paying time. You should probably not consolidate your debt for this reason alone however. You don't want to pay more in the long run just to cut out a few pieces of mail monthly. Consolidation also gives those in a credit card mess a chance to get out of it. By consolidating, they may be making lower monthly payments than they would be if they did nothing. By closing out the other accounts, their credit may also be improved.
Who To Turn To?
When considering credit card debt consolidation, you should turn to professionals for a consultation. There are many credit card companies and banks that would like to help you with your request. Make sure you do your research so that when you consolidate credit card debt, you are certain you are making a decision that is profitable to you. Make sure there are no hidden fees that come with different consolidation plans. Doing your research can help you save money for the future.
Making The Choice
If you want to consolidate credit card debt, you should first look at all of your debt in detail. Once you know what you have, it will be easier to contact professionals to help you with your consolidation. Don't be afraid to tell them you are shopping for the best deal. You should do yourself the honor of getting the best deal out there to making your consolidation as worthwhile as possible.
Morgan Hamilton offers expert advice and great tips regarding all aspects concerning Credit Cards. Get the information you are seeking now by visiting Consolidate Credit Card Debt
Article Source: http://EzineArticles.com/?expert=Morgan_Hamilton
Why Consolidate?
There are several great reasons to consolidate credit card debt. One of the best reasons is to get better rates. If you can get a better rate on a consolidation than you currently have, then there is no reason not to consolidate. Consolidating credit card debt can add up to substantial savings.
Look up all of your interest rates from each card and write them on a list. Then note the new rate you would be given. If the new rate is lower than the average of the old rate, then to consolidating your credit card debts would make financial sense for you. If there are cards that have a lower rate, then you don't have to include them in your consolidation.
Another reason people love to consolidate credit card debt is to make their lives simple. By paying one bill, they can cut out a lot of stress and bill paying time. You should probably not consolidate your debt for this reason alone however. You don't want to pay more in the long run just to cut out a few pieces of mail monthly. Consolidation also gives those in a credit card mess a chance to get out of it. By consolidating, they may be making lower monthly payments than they would be if they did nothing. By closing out the other accounts, their credit may also be improved.
Who To Turn To?
When considering credit card debt consolidation, you should turn to professionals for a consultation. There are many credit card companies and banks that would like to help you with your request. Make sure you do your research so that when you consolidate credit card debt, you are certain you are making a decision that is profitable to you. Make sure there are no hidden fees that come with different consolidation plans. Doing your research can help you save money for the future.
Making The Choice
If you want to consolidate credit card debt, you should first look at all of your debt in detail. Once you know what you have, it will be easier to contact professionals to help you with your consolidation. Don't be afraid to tell them you are shopping for the best deal. You should do yourself the honor of getting the best deal out there to making your consolidation as worthwhile as possible.
Morgan Hamilton offers expert advice and great tips regarding all aspects concerning Credit Cards. Get the information you are seeking now by visiting Consolidate Credit Card Debt
Article Source: http://EzineArticles.com/?expert=Morgan_Hamilton
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