All About Credit Cards Rate And Bankruptcy -- Learn About Interesting Ideas Next

By Author: Nathan Knightley
Total Articles: 4393
Comment this article

We all await the day when debt will be magically erased from all the reports.

Some people call it the coming of Jesus, but I call it the coming of the debt-eraser. Okay, I'm clearly being absurd right now, but how awesome would this be? We would all certainly call this individual a saint of some kind. I know I'd plaster his/her face across my living room wall in a 30/40 frame.

At this point I'd even be satisfied if my credit card debt was banished. The relief would be immeasurable. Speaking of those little plastic devils, how much do you currently owe on yours? I give you my word these suckers should come with the numbers 666 written across the front. Just as a fair warning to all who use them. Please, someone create the interest free credit cards. The globe would be a much better place.

Last week I was shopping for Christmas. After all, this is the time of the year to be happy, right? Well, how in the heck am I supposed to be happy when I know that there will be some stupid interest rate charged on my credit card each month? Every time I whip the thing out, I cringe with a tentative twinkle in my eye. ...
...

I don't like to use it, but , if you're broke from paying bills, you hardly have 20 other options. It's not like you could simply dismiss the notion of getting presents for the loved ones. That wouldn't go over so well. Of course this wouldn't be an issue at all if one had a few interest free credit cards.

But, where on earth can you find these? Well, I'm glad you asked. You can indeed find interest free credit cards, but like always, there is normaly a catch. They're generally interest free for balance transfers only, and this only lasts for 12 months from when you have the card. So don't plan on getting interest free credit cards that apply to something you buy. Be sure to read the fine print on the back of each document/pitch you get in the mail. The purchase interest rate is generally HIGH, and the cash-advance one is always worse.

I just remembered the only time I encountered true interest free credit cards. It was back toward the beginning of university. I was offered a couple interest free credit cards with 0 APRs on purchases. They only had 250 dollar limits and if you exceeded the limit, your interest rate was terrible. Other than that, these desirable credit cards stop to exist.

About the Author:

Discover more now from this well read publisher concerning Credit Cards and Credit Cards 101 reviews at his web site www.creditcards.personalfinanceandinvestment.com