Here are some useful credit card tips for you to consider before applying for a credit card. Before applying for a credit card, you should decide why you want one, and make sure you can use it wisely.
More and more people use plastic as their main means of paying for goods and services. Today our entire financial system relies on credit. Credit cards can help to make your life that little bit easier- you can use it to pay for goods or services, either over the phone, online or over the counter.
A credit card makes it easy to buy something now and pay for it later. It's much safer to use a credit card than to carry around cash. If you lose your credit card, you can ask your credit card company to cancel your card, and no one else can use it. But if you lose cash, your money is lost.
Credit cards are also convenient. You can use them to make hotel, car rental and other reservations. You can buy items over the phone or online. You can also use credit cards for emergencies, like unexpected car repairs, when you don't have the cash to cover the expenses.
A credit card allows the cardholder to borrow as much money (up to their credit limit) as they like, when and where they like, without having to get permission from their bank manager.
All credit cards have finance charges for not paying your balance in full each month, but you could save a lot of money by shopping around for the credit card that offers you the best terms.
Shop for a card with an interest free period that gives you enough time to pay your bills on time without charging you interest. Credit cards with no interest free period start charging you fees as soon as you buy something on your credit card.
Finally, using a credit card gives you a credit history, which helps to get home loans and other credit in the future.
You may freely reprint this article provided the author's biography remains intact:
About The Author
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.
The Beginning of the Credit Card EraIn 1951, Diners Club... Read More
Identity theft has become an epidemic. Millions and millions of... Read More
By Federal law, you are entitled to one free credit... Read More
There are many different ways to borrow money. Outlined below... Read More
If you have a bad credit rating, then you might... Read More
As a young student I feared getting bad grades because... Read More
In 2003, Congress passed the Fair and Accurate Credit Transactions... Read More
What are the avenues available to businesses with weak credit... Read More
It is important to know your credit rating for a... Read More
If you're a college student, you probably already have a... Read More
In addition to the APR (annual percentage rate) and the... Read More
This summary of the Fair Credit Reporting Act will explain... Read More
1. Choosing A new credit cardThere are many reasons for... Read More
There is almost nothing more troublesome than having too much... Read More
It's the number one source of consumer complaints at the... Read More
1. Payment History -- 35%The number of accounts paid as... Read More
Reach into your wallet or purse, pull out a card,... Read More
Your credit score may just be a little number, but... Read More
We spend money every single day on many different types... Read More
Your credit report--a type of consumer report--contains information about where... Read More
Have you ever looked at your credit card statement and... Read More
Do you know the costs associated with your credit card?... Read More
Like me, you've probably been offered a fair old number... Read More
In the olden days, about 10 years ago, before the... Read More
There are a couple of reasons for this. You can... Read More
Have you ever really looked at your credit card and... Read More
With identity theft statistics currently at an all time high,... Read More
If you have a bad credit rating, then you might... Read More
Here's a dirty secret, today's "non profit credit counselors" are... Read More
Like It Or Not, You Have A Score To Settle!... Read More
How do these people get my name? If you have... Read More
Have your read your credit card contract through completely? Do... Read More
It may seem like a simple question but its important... Read More
There are millions of consumer credit reports on file from... Read More
Have you ever wondered how much money a credit card... Read More
Do you know the difference between good and bad credit... Read More
Bad Debt IdentificationIdentifying bad debt is not as easy as... Read More
By far the greatest invention the banks have ever come... Read More
Credit Score FactorsThe information contained on our credit reports affect... Read More
There are a lot of questions about using credit cards.... Read More
Credit needed for real estate mortgage financing differs from credit... Read More
The Federal Fair Credit Reporting Act (FCRA) is designated to... Read More
Imagine opening your credit card statement one morning and discovering... Read More
Is identity theft really that serious? Thousands of people every... Read More
It is estimated that billions of dollars in delinquent commercial... Read More
If you have a bad credit rating, then you might... Read More
If you have never heard of a FICO score before,... Read More
What FACTA means is that if you, as an individual,... Read More
Ever wonder how a creditor decides whether to grant you... Read More
1. Buy clothes at thrift stores. BEFORE you buy them,... Read More
Here are some useful credit card tips for you to... Read More
Joint debts remain joint debts.Both spouses signed a legally binding... Read More
I've got some very important info I want you to... Read More
The three major credit bureaus, Experian, Equifax and Trans Union... Read More
Credit repair, is in a word, vital to reestablishing your... Read More
Do you know what your credit card is truly costing... Read More
Several different types of credit cards offer several different options,... Read More
Your personal credit file is separated from those with the... Read More
Once you've been paying off a credit card for a... Read More
Your credit score may just be a little number, but... Read More
Q: I'm opening a gift shop and want to be... Read More
"Cut Your Payments in Half!" the headline screams. "Consolidate Your... Read More
Why do some people get offers for pre-approved credit cards... Read More
Most people who carry major credit cards are well aware... Read More
Now in a world with so many easy to get... Read More
A consumer credit report is a factual record of an... Read More
Credit |