Home » Finance

The Chance Of Low Interest Credit Cards

Mar 10, 2008
In order to attract potential clients, credit card suppliers advertise low interest credit cards. Once with the inflow of charge cards, the companies that supply them have appeared like mushrooms after the rain and the competition between them is very powerful and each one tries to attract customers by using various appealing offers.

Of course the individuals who find themselves in the need for a credit card will choose the most promising offer. We all look for low interest rates when shopping for a credit card. The low interest rate is very important but it is definitely not the only thing you must look for in a credit card.

The APR, meaning the annual percentage rate is what people seek to be low when they apply for a credit card. But have you ever received any answer to the "what exactly is the APR?" question? Here it is: the annual percentage rate represents the interest rate applied on your credit debt in case you do not make your payments in time or in case you choose to make only partial payments for your bills. We strongly recommend that you pay your bills in time, because credit card suppliers usually do not apply extra charges when you do that.

We also warn you about making partial payments on your bills, because that equals interest rates and the increase of your already existing debt. It is a cycle that can bury you in debts, that is why you must keep your balance at a good level. The low interest credit card will prove to come in handy if you are not able to make the payments on time, and you choose to pay the bill you receive only partially. The debt you have will not increase instantly, which means you will have time to gather your thoughts and energy to pay before you get into trouble.

The low interest credit card is needed by a particular group of people but not all card holders need this kind of card. There are those people who only use the charge card for convenience in shopping. They want to avail of the advantages associated with having a charge card.

This category of people do not like to have worries or fears when thinking about the possibility of having their money stolen or cannot afford buying what they want to. They do not think of the moment they will have to pay their credit cards bills, but they want to pay the entire sum of money when they have to.

With all the companies offering low interests rates, you need to shop for a card that best fits your needs. You can compare the offers and features of the different companies to get the best plastic money which you think meets your needs and requirements.

The most important aspect of applying for a credit card is to get one that suits your needs. Since this is not something that you do on a daily basis, you must think well before you fill in the application form and try to think if you can balance your needs with what the card offers you.
About the Author
Looking for consolidation of credit card advice? Stuck in credit card debt and not sure how to resolve your credit card debt problem? Credit Card Consolidation Secrets is a huge resource on credit card debt consolidation and credit card debt consolidation loans.
Rating:
Please Rate:
(Average: Not rated)
Views: 131
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources