Transferring A Credit Card Balance
Thinking bout transferring a credit card balance, or maybe two? Here is what you need to know about transferring a credit card balance to another card. It is a lot easier than you might think, but be careful.
Credit cards often get a reputation as being a bad thing for your finances and your credit. Sure, when misused, a credit card can do a lot of damage. If you are smart however, you can use credit cards to actually improve your financial situation. Here are 5 ways to do just that with credit cards.
Do you really need to have a credit card? It seems like all they really do is get people in trouble and with average interest rates of over 17 percent, what value can they possibly have? Why not take a few minutes and look at the benefits of credit cards and then decide for yourself whether you need to have one.
Store credit cards. You have probably been offered one hundreds if not thousands of time. Every time you ring up a transaction at a major retailer, you are probably asked to apply. They seem harmless enough but are they? Take a look at some of the good things about store cards and why they may really be negatives.
Credit cards are a temptation, that is a fact. It is easy access to money that will allow you to buy anything. This has gotten many people in big trouble and big debt. If you have dug yourself out or that hole and paid off your credit cards, the natural temptation is to cancel them and cut them up. Not so fast. That might be the worst thing you can do. Here are some things to ask yourself before you cancel those cards.