For few weeks the main discussion topic is money or finances and one of my friend is asking suggestion regarding her credit card debts, because she needed a big sum of money for some family emergencies. I am also a learner regarding financial terms, but due to research for the finance topics, I learned a lot. And I was happy to guide my friend about different catagories of 'credit cards'. I adviced her that to save money we should use credit cards for emergencies or significant purchases, and should look for the products of low interest rate allowing us to carry the balance without wasting money.
Tips to deal with bad credit cards
- Credit companies basically design their best credit cards for customers with good and high credit rating. Consequently, these products have lowest possible APR, no annual fee and lavish rewards only few can resist.
- Not all best credit deals are equally good for you. If you don't know where to look first, determine the purposes for which you are going to use your future plastic.
- Balance transfer deals are for those who want to pay off their debt on 0% interest and receive new opportunities like points or low fees.
- In the category of the best credit deals one can also find deals with instant approval or no fees. Instant approval credit card application is necessary if you need a credit as soon as possible, no fees being a means to save on annual charges
- You should select credit card deals according to your spending habits
Today I received my friend's call that she was happy to fix her bad credits with the help of credit card company.
I have got some good tips about credit cards thanks
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