Moving Debt Between Cards Can Save You Money
If you're like most people, you have plenty of credit cards, and you have stacks of offers for more. The credit card industry is so competitive that, whatever card you have, the chances are that somewhere out there is one that would be cheaper or better for you - and you can change as often as you want!
Take Up Teaser Offers.
To try and get customers, credit cards are still offering massive discount rates when you transfer balances over to them. These 'teaser' rates will only last for a set period (check the terms and conditions), but they can still save you a lot of money - especially if you switch to another card's teaser rate each time one ends.
Yes, this does mean applying for a new card relatively often - but if you do it online, you'll find it's quite painless. Is it really worth hundreds of dollars to save the trouble of applying for a new card?
Extend Your Offers.
You might not even need to move to another card to get a teaser offer for longer. If you phone and ask, many lenders will extend the preferential rate for longer, in an effort to get you to stick around.
Check the Small Print.
You might find that the 'low, low rate' only lasts a few months, and you might also find that it only applies to balance transfers, not new purchases. A common trap is for a card to allow you to transfer your balance of thousands at 0% APR, only to charge you 20% or more on anything new you buy with it. Of course, as soon as you ditch that card and move to the next, the new purchases become a balance transfer again.
A more nasty thing you might find is that you're signing up to a minimum term to get the teaser offer - they won't let you transfer your balance away again for a year, or even more. Avoid these cards like the plague.
Keep Track of Time.
Your card issuer isn't going to go out of their way to alert you when your teaser rate is over. Make sure you keep track: make a mark on the calendar. Months can go by far more quickly than you'd think, and missing the end of the teaser period by even a day will mean that you'll end up paying interest at the normal rate.
Moving Around and Your Credit Rating.
Moving debt around between cards often affects your credit rating in an odd way. On the one hand, it shows that you could be an unprofitable customer - after all, you change cards before they can make a profit from you. On the other hand, it also shows that you're likely to take up offers that you're sent, and companies tend to believe that they have a great strategy to keep you with them where others have failed.
In other words, some companies will hate you for it, and some will love you. Bear in mind, though, that the longer you do it for, the fewer companies will want to send you their very best teaser rates.
Cassandra Stinchcombe - Don't let credit cards control you. Take control of your finances. Understanding credit card debit information is the first step. For more articles on this topic visit http://www.envisionopportunit y.com/creditcards/creditcards.html
 Google News Updated : Thu, 16 Oct 2008 02:44:32 GMT US infant mortality ranks lower - San Jose Mercury News
San Jose Mercury News - By Mary Engel After a century of declines, the US infant mortality rate barely budged from 2000 to 2005, causing the United States to slip further behind other developed countries despite spending more on health care, according to a report released ... Infant Mortality: US Ranks 29th Infant Deaths Drop in US, but Rate Is Still High Publ.Date : Thu, 16 Oct 2008 00:11:36 GMT Hill's late jumper lifts Suns past Hawks, 102-100 - USA Today
USA Today - ATLANTA (AP) - Grant Hill made an 18-foot jump shot with 5.6 seconds left and the Phoenix Suns beat the Atlanta Hawks 102-100 in a preseason game Wednesday night. Nash leaves preseason game vs. Hawks Suns superstar Nash leaves pre-season game with sprained ankle Publ.Date : Thu, 16 Oct 2008 02:10:47 GMT Drinking and the Shrinking Brain - Washington Post
Washington Post - Nobody wants to think about their brain's shrinking. But our brains do so as we age. They decrease in size by about 2 percent per decade; and the brains of drinkers may shrink more quickly, according to a study published Monday in the Archives of ... Alcohol shrinks your brain! ...True, sad story Is Drinking Shrinking Your Brain? Publ.Date : Wed, 15 Oct 2008 11:02:40 GMT Madonna, queen of reinvention, to divorce again - Reuters
Reuters - LONDON (Reuters) - The key to Madonna's enduring appeal has been to stay one step ahead of the game in the famously fickle world of pop. Video: AP Exclusive: Madonna, Guy Ritchie to Divorce Madonna and husband Guy Ritchie announce plans to divorce Publ.Date : Thu, 16 Oct 2008 00:53:05 GMT McCain brings up '60s radical in questioning Obama - The Associated Press
The Associated Press - NEW YORK (AP) - Republican John McCain is raising rival Barack Obama's link to a 1960s radical in the final presidential debate. What We Want to Hear Where is the room for John McCain to Succeed? Publ.Date : Thu, 16 Oct 2008 02:13:48 GMT New MacBooks Shine Light On Nvidia, Intel, SSDs - CRN
CRN - Apple launched its new family of MacBooks to great fanfare at its Cupertino, Calif. headquarters Tuesday. After the initial flurry of speeds and feeds, here are some thoughts about the new lineup and what it means for the industry. Enterprise Mac | Tom Yager New Macbook lineup to feature GeForce 9400M GPUs Publ.Date : Thu, 16 Oct 2008 00:07:24 GMT Movie Review - Entertainment Weekly
Entertainment Weekly - DUBYA Josh Brolin stands out as the soon-to-be former president in Oliver Stone's W. By Lisa Schwarzbaum As his second term as the 43rd President of the United States concludes in national financial upheaval, the real George W. Bush is a figure more ... Video: George Bush on the Big Screen Where's Dubya? Publ.Date : Wed, 15 Oct 2008 22:01:30 GMT Earn Money At Home |
PARLOT::Ebooks, Scripts,
Websites, and more... Debt consolidation programs can help you lift the burden of... Read More Debt consolidation is a popular topic these days. The average... Read More Are you having a problem paying your bills? Are you... Read More Borrowing money against your credit cards has always been among... Read More Eliminating your debt is a daunting task. What can you... Read More Many of us find ourselves overwhelmed with bills, bills, bills.... Read More When it comes to debt consolidation some people dream of... Read More Whether you want to pursue debt consolidation in order to... Read More Feeling like you're on the brink of financial disaster? You're... Read More If you believe in the good in people then you... Read More We are aware of the fact that it is easy... Read More Debt consolidation programs are devised to get you out of... Read More Millions of consumers across the globe are searching for a... Read More As any report on the subject will reveal, million of... Read More Planning For Debt Elimination Without Surplus CashPreviously we looked at... Read More Consumers today are getting wiser by the day. They are... Read More Student loan consolidation is one of the most used methods... Read More Over recent years personal debt in the UK has exploded.... Read More If you're like thousands of other people who find themselves... Read More With consumer debt on the rise, many people have found... Read More The recently passed Bankruptcy Abuse and Consumer Protection Act was... Read More You are trying hard to eliminate your loans but keep... Read More If you've ever been in a situation where you needed... Read More It is a very common question that people pose to... Read More Debt consolidation has become big business in this country over... Read More
Adsense
websites
Free Yourself Of Debt and Worry with Debt Consolidation
Debt Consolidation ? Discipline is Required if Consolidating with Home Equity
Are You Buried In Debt?
Debt consolidation ? More Options for Reducing Credit Card Costs
Negotiate Your Way Out Of Debt
Debt Consolidation when You Find Yourself Overwhelmed with Bills, Bills, and More Bills
When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate
Perks and Pitfalls of Debt Consolidation
Shake off the Chains: Credit Card Debt Elimination is Easier Than You Think!
Before Considering Debt Consolidation
Going Debt Consolidation Way!
What Is A Debt Consolidation Program?
Debt Consolidation - Free Information About Consolidating Debt
Re-Mortgages ? There?s Help For Bad Credit Ratings On The Way
Debt Elimination 4
Online Debt Consolidation ? Devising Newer Ways for Changing Consumer Trends
Student Loan Consolidation
The Burden of Debt
Debt Consolidation: Its all in the Planning
Cutting Your Monthly Outgoing With Debt Consolidation
Credit Counseling ? Congress Offers No Details in New Law
Debt Elimination: Legal! Lawful! Ethical! Debt Elimination Really Works
Debt Consolidation Benefits
Debt Consolidation - Is It Really The Best Option For You?
Debt Consolidation: Friend or Foe?
Affordable and Reliable Web Hosting Starting at $4.49/Month
Avoid Bankruptcy
The first but definitely not the easiest thought that comes... Read More
Consolidate Your Credit Card Debt
With the popularity of plastic money in the present age,... Read More
Private Student Loans ? Dispelling The Myths
Private Student Loans ? dispelling the mythsIf savings, grants, scholarships,... Read More
Debt Consolidation: Why And How This Strategy Often Backfires!
Debt consolidation solutions, has found that as good as it... Read More
Debt Consolidation - Is It Really The Best Option For You?
It is a very common question that people pose to... Read More
Debt Consolidation
Sometimes life can get on top of you and out... Read More
Debt Management - Debt Management Fees
Debt management fees can vary vastly from one company to... Read More
Perks and Pitfalls of Debt Consolidation
Whether you want to pursue debt consolidation in order to... Read More
Cheap Debt Consolidation Loans - Inexpensive Way of Winning Financial Freedom
The rising cost of living can force you sometimes to... Read More
Debt Consolidation Made Simple
If you have considered debt consolidation then you are probably... Read More
Consolidating Your Government Student Loans
A Consolidation Loan allows you to combine your federal student... Read More
How Do I Know a Good Credit Card Debt Reduction Strategy When I See It?
Credit card debt reduction is an important part of the... Read More
Debt Consolidation Primer ? Four Things You Can Do to Get Out of Debt
Problem debt is rampant throughout America. In addition to mortgages... Read More
Open the Cash Vault Inside Your Home
Believe it or not, many people do not understand equity... Read More
Debt Consolidation Company and Companies
Debt consolidation companies have dotted the debt solution landscape as... Read More
Money Problems?
You're not alone. Many people face a financial crisis some... Read More
Debt Consolidation can Ruin Your Credit
Yes, Debt Cosolidation isn't a good idea and I'll tell... Read More
Debt Consolidation Refinance Loans - A Great Way To Lower Your Bills
For millions of homeowners, refinancing is the perfect way to... Read More
Use Caution When Entering Into Debt-Consolidation Loan
To the person drowning in debt, a debt-consolidation loan looks... Read More
Alternatives to Filing Bankruptcy
Deciding to file for bankruptcy is a decision that should... Read More
Debt Settlement Strategies
One of the most common social diseases remains dormant for... Read More
Reducing Credit Card Debt
One of the easiest "things" that can happen in life... Read More
Getting a Better Consolidation Loan Secured
If you're looking for the best way to reduce the... Read More
Debt Consolidation Benefits
If you've ever been in a situation where you needed... Read More
Debt Consolidation: Friend or Foe?
Debt consolidation has become big business in this country over... Read More
Debt Consolidation |