Wednesday, January 21, 2009

Applying for a Credit Card? Must read tips.

The Credit Card company makes money from the interest of your deposit. The Credit card firm also makes money by charging you exorbitant interest rate and the Credit card provider is guaranteed their money because if you don’t pay on time, they take the money out of the bank account you opened with them along with any interest you have accumulated. Why would you deposit and use that cash. Boy, you need not sell your house to own the credit card. Just throw away such offers and build a credible financial base and win a right to own a credit card and not a shady one from one of these rip off offers. Use credit wisely and itelligently. Don't strian your financial situation further. So next time you get such credit card offer 

1. Don't pay money to get a useless piece of list of credit card providers.

2. What is the Credit Card late fee you will be charged?

3. What interest will you pay on outstandings on your credit card?

4. Is there a deposit for getting the Credit card? How much?

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