How does bailing out banks and increasing interest rates on credit cards help consumers spend more?

Posts Tagged ‘Zero Percent’

How does bailing out banks and increasing interest rates on credit cards help consumers spend more?

By Author on Thursday, July 28th, 2011 | 4 Comments

Why is it that if you put money in the bank you get almost zero percent on your investment in that bank? Now compare that to the interest rate that the same bank charges its customers in the form of credit cards. How do they get away with that? Didn’t we bail them out with [...]

Can somebody tell me how ‘Balance Transfers’ work? Help!?

By Author on Monday, August 16th, 2010 | 4 Comments

Am I wrong in thinking I will save money by transferring a credit card balance to another card offering 0% APR transfer balance for the first 12 months? Does that mean my transferred balance will not accrue any finance charges for 12 months even if I only pay the minimum amount each time? Really would [...]

Anyone know of an credit card offers with really low APRs?

By Author on Monday, August 9th, 2010 | 4 Comments

I’m looking for something very well known, visa.com for example. Not a link to some unusual site that works as a 3rd party. I need a low APR after the introductory offer. I want to transfer the balances of my dept store cards to one major credit card with a lower interest rate. The lowest [...]

Is this credit card offer good to clear my 4,000 debt?

By Author on Friday, August 6th, 2010 | 8 Comments

I have this 4,000 debt from years ago that i haven’t been able to pay. I recently received an offer in the mail saying that they could transfer this debt into a credit card with 0% APR and no annual fee. BUT first i had to pay 3 a month for 3 months (that would [...]

Do balance transfers negatively affect your credit score/report?

By Author on Monday, June 28th, 2010 | 1 Comment

Do balance transfers negatively affect your credit score/report? I usually transfer balances to my 0% APR balance transfer card with no fees and then pay them off. I never have a late payment, etc, but was wondering if transferring balances directly affects your credit report or score. Thanks! P.S. It is transferring to the same [...]

Credit Cards For Fair Credit

Posts Tagged ‘Zero Percent’