Student Credit Cards Online So what is student credit cards really all about? The following article includes some fascinating information about student credit cards--info you can use, not just the old stuff they used to tell you. If you are student then I am sure you are on a ... The Best Balance Transfer Credit Cards: Get Yours Now! Have you read your credit card statement lately? Do you know what your annual percentage rate is? How about your annual fee? You may be surprised to learn that your current card is not the bargain you once thought it was. If you are tired of paying ... The Lowdown On Airline Miles Credit Cards Airline mile credit cards, also known as frequent flyer credit cards, enjoy tremendous popularity as a type of reward credit card. A cardholder is rewarded with points whenever he uses the card to make a purchase. The accumulated points can be redeemed ...
0% APR Credit Cards: A Tool To Eliminate Debt
It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can in fact play a significant role in helping a person reduce or get out of debt. What Is A 0% APR Credit Card? APR is the annual interest rate known in industry jargon as the Annual Percentage Rate. It is a reflection of the cost of credit. In the old days everybody paid a standard APR based on bank rates. It was usually about 18 per cent. The use of low APR came with the emergence of the monoline bank. These were banks that only issued credit cards and did not take any deposits or issue conventional loans. For their business model to work well large numbers were important for these breed of pioneering bankers and credit cards issuers so low APR teaser rates were successfully used to lure as many new card users as possible. The gimmick seemed to have worked so well that today it is difficult to find a credit card company that does not offer some type of incentive APR during the first 6 months or one year. The more popular credit cards offer 0% APR for the first year. Usefulness Of A 0% APR Credit Card In Reducing Debt A 0% APR credit card can be extremely useful for somebody who wants to reduce their large credit card debt. For instance if you have a credit card debt that remains at about $10,000 and the APR is 20% then you will end up paying a whooping $2,000 in interest payments alone. With a 0% APR credit card the $2,000 could all go towards reducing that crippling debt. It is therefore clear that 0% APR credit cards can offer much needed financial breathing room for somebody in a serious credit card debt situation. Consolidation Or Transfer Necessary To Benefit From 0% APR Credit Cards Transferring a credit card debt or credit card debt consolidation are all-important first steps that will need to be taken before a person in deep credit card debt can enjoy the benefits of a 0% APR credit card. The objective here would be to have all the person's outstanding debt payable to one credit card company and at a 0% APR rate. The importance of 0% APR credit cards in helping an individual or business to get out of credit card debt cannot be understated. Although many potential card users place a lot of importance in being able to obtain a 0% APR credit card, the truth of the matter is that it is only attractive and beneficial to two groups of people. Firstly persons able to settle their credit card balances on a month to month basis to whom the 0% APR rate means that their cost of maintaining a credit card is very minimal. Secondly those in debt also benefit because the 0% APR credit card greatly assists them in their efforts to reduce their debt. Copyright 2005 Ed Vegliante. About the Author Ed Vegliante is the owner of http://www.credit-card-surplus.com , a well organized credit card directory enabling the user to compare and apply for a variety of credit credit card offers. Find links to secure online credit card applications.
Credit Cards News
Dark outlook for Black Friday - Arlington Heights Daily Herald NEW YORK -- After pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl's to Toys "R'' Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in ...
Feds: ID thieves stole cards from gym locker rooms - Bellingham Herald Federal prosecutors say a Renton man was behind a fraud ring that sold iPods and computers bought with credit cards stolen from gym locker rooms in Washington state and Oregon. Gabriel Jang was to make his initial appearance in U.S. District Court in ...
CreditCards.com: Weekly Credit Card Rate Report - Earthtimes AUSTIN, Texas - (Business Wire) Annual percentage rates for new credit card offers rose this week, according to the CreditCards.com Weekly Credit Card Rate Report. However, that move was due to a change in the composition of cards offered rather than ...
Housekeeper charged in elderly theft sting - 10 News Gulfport, Florida -- Police have arrested a housekeeper they say couldn't keep her hands off cash and credit cards belonging to her elderly employers. Pamela Jean Ewing, 50, of St. Petersburg was arrested after police set up a sting operation, based ...
Photo: ID theft suspect withdraws cash - Cincinnati.com That’s in addition to the woman racking up a $1,300 credit card tab at Macy’s and $737 at Kohl’s, said Indian Hill Det. Carl Watts. “It was a random act,” Watts said. “The woman somehow obtained the credit cards and bank information ...
