Lower credit card interest rate
Your Personal Finance Magazine Finances ~ Banking ~ Investing ~ Financing ~ Credit Cards ~ Insurance
You are here: Home: Credit Cards: Lower credit card interest rate Wednesday ~ November 22 ~ 2017 RSS-Feed Syndication
  Category: Credit Cards

Lower credit card interest rate

The lower your interest rate the lower your monthly payments ...

 
The latest articles
 
Making money on the side with a model job
Working as a model is the perfect way to make some money on the side with a part-time job that does not require … more
Category: Finances
 
Incoming insurance for foreign guests and visitors to Germany
In the event that foreigners visiting Germany, Switzerland and other Schengen countries are taken ill, the medical costs can be covered by an … more
Category: Insurance
 
Saving money on your grocery bill
Many people pass over the coupon pages of the Sunday newspaper without even giving it a thought. If you found a dollar bill … more
Category: Finances
 
The Rent-to-Own Trap
You see a TV set at the rent-to-own center that you like. It's a big-screen version, complete with high-definition capabilities and a remote … more
Category: Finances
 
With every credit card you get you have an interest rate. Your interest rate determines how much the credit card company is going to charge you for borrowing money from them. The lower your interest rate the lower your monthly payments will be, and the more money you will have left in your pocket at the end of the month.

How is my interest rate determined?
Your credit score determines your interest rate. You credit score is like your credit report card. It lists all of your loans and lines of credit, and your payment history with each loan. Missed payments and high balances make your credit rating go down, while low balances and on time payments help it go up.

What can I do to get a lower interest rate?
Keeping balances on your existing loans low, and always making your payments on time help make your credit score go up. The higher your credit score, the more loans you will be eligible for, and the lower the interest rate on those loans will be. Keeping low balances will make you an attractive customer for credit card companies, in order to get your business they will offer you the lowest interest rates they can.

Also try to avoid applying for credit that you know you don’t qualify for. Each time you apply for a new loan, or a new credit card the company will run your credit. If you don’t qualify for the loan, then your credit rating will suffer. If you apply for loans often that you aren’t eligible for you can seriously damage your credit rating.

Where can I get the lowest interest rates?
Some of the lowest interest rates tend to come directly from banks. If you have an account at your local credit union or bank check with them and see what their current rate would be for a credit card.

There are also several credit card companies that will offer low interest credit cards, or even zero interest credit cards to qualifying recipients. Read through the credit card ads you get in the mail, or check online and see what kind of offers are out there. There are plenty of great credit card deals out there if you can find them. (don)
 
 
Bookmark
Bookmark to Digg.com Bookmark to Del.icio.us Bookmark to Reddit.com Bookmark to Technorati.com Bookmark to StumbleUpon.com
 
 
Rate this Site:

Average rating: 5.5 of 2 votes.

 
 
Websearch with Google
Porias.com Web
 
------------------------------------------------------------------------------------------------------------------------------------
 
More articles in category Credit Cards:
 
Leave home without credit cards
For Joe, the power of suggestion is an awesome thing. Or perhaps he just watches too much television. Whatever it is, Joe finds that each time he's in the mall, he ends up spending more than he intended. Joe blames it on the influence of TV commercials that persuade him … more
 
Credit card interest rates
And finally, we need to talk about interest rates. We left interest rates for the end because interest is the least understood and usually the most dangerous part of your financial dealings. Mathematical equations aren't necessary to understand interest. You simply need to understand a few key facts about credit card … more
 
Debit Cards
Debit cards are basically electronic checks. They are directly linked to your checking account. Newer debit cards have the Visa or Mastercard logo, so they can be used as a credit card to make purchases. When the store electronically contacts your bank, instead of checking a credit limit (as with … more
 
Credit card debt
Many of us are suffering from credit card debt. Our society has become a credit driven society. Instead of saving money to buy the things we need over time, we rush out to the store and buy things we don’t need just to say we have them. As a result, … more
 
Debit cards facts
Your bank has asked if you would like a debit card, however you are rather unfamiliar with debit cards. Take a few minutes to familiarize yourself with facts about debit cards and their benefits. A debit card is not a credit card. In fact, your debit card can only be used … more
 
 
 
 
 
Your personal finance magazine at Porias.com  
Finances ~ Banking ~ Investing ~ Financing ~ Credit Cards ~ Insurance Copyright © 2005- Porias.com ~ All rights reserved
Schließen