Low Interest Credit Card
Date: Fri, 05/01/2009 - 17:37
If your debt to income is a huge factor than you will probably h
If your debt to income is a huge factor than you will probably have trouble getting approved for a high enough limit to pay off all of your current balances. If your credit score is high enough though you could always try apply for a 0% balance transfer card and then contact them after your approved to explain your situation and see if they will raise your limit. They may require you to close your current accounts once they are paid off though which isn't so good for your credit score.
It's a tough call...
Low Interest Credit Card is a credit card which charges lower ra
Low Interest Credit Card is a credit card which charges lower rate of interest in comparison to the other credit cards from its customers. Interest rates are generally charged from the credit card customers when the outstanding debt is not paid within the grace period.
Because credit cards are a type of lending the loan comes at a price. Undoubtedly one of the biggest, if not the biggest, expense of using a credit card is the interest rate you pay on the balance.
The interest rate is a percentage you pay on the amount that you spend on a credit card. This interest rate can be either fixed, or set at a certain number, or it can be variable which means it fluctuates depending on the market prime rate. Interest rates are applied to purchases, balance transfers and cash advances all at varying amounts, though cash advances are typically the highest.
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