Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Categories
Tip of the Day

Tip of the Day Index Funds are Your Friend

Index Funds are Your Friend - Every stock market or stock exchange offers indexed funds and these index funds are more beneficial to you as a new investor as they...

read entire tip

Recently Added
Other Great Sites
 

Cards 0 Credit

A card that can be used to shop and borrow money on credit is known as credit card. These cards are issued by the banks, few retail stores and other chain businesses. The cardholder can clear the debts by paying the credit card issuing bank either the entire balance or in installments with interests. Zero percent credit cards is the offer that claims to benefit the customers. These offers attract the customers in transferring their debts from the high interest credit cards to zero interest credit cards.

how do the credit card companies get benefitted from this??

Zero percent credit cards provide an introductory period which is free from interest. If the cardholder fails to clear the debts within the period, the interest adds to his principle amount and generates money to the credit card company. Other than the interest other fee like late payment fee, over the limit fee and balance transfer fee are also collected. All the other transactions made after the introductory period always have a high interest rate.

How can the credit card holder get benefitted from this??

If the zero percent credit cards are used wisely, they can be cheaper than loans. When the customer gets a zero percent credit card and spends using that card, he has to ensure that he makes the repayment before the introductory period ends else transfer the balance to a new card with zero percent transfer deal. If the payments are still not paid, shift them again.

Before balance transfers ensure that the balance transfer fee is not higher than the interest rates. It is always wise to transfer the funds that can be repaid immediately within the introductory period which is free from interests. Few cards have different expiration dates for balance transfers and credit purchases. This should be clearly understood before using the card. Most of the times balance transfers and credit purchases have the same expiration dates.

There are certain credit cards where the customer has to make minimum number of purchases to remain in the introductory period. This will increase the balance that have to be paid. If they are not cleared within the period, high interest rates will be added. Therefore these kinds of zero percent credit cards should be avoided.

Before deciding on a zero percent credit card thorough research should be made and the card should be used wisely. These cards are incredibly beneficial when used properly following all the guidelines else increases the debts.

Discuss It!

http://emoji-quiz.org/pt/84-level-answers said:

I anticipated that would express that its beguiling to understand that another person in addition picked this as I experienced try finding a comparable information somewhere else.

http://richestnetworth.org/tag/reggaeton/ said:

I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it.

Whatsapp for Blackerry Download said:

Whatsapp is a revolutionary thing in the world of messaging

Showbox Download said:

ShowBox app is truly amazing. It allows users to keep track of the latest news in Hollywood as well as new releases. In fact, new releases, both in Television and in movies, are added every single day. The only thing that can be said is that the download speeds can be improved. But it still is the best app to use for streaming videos and downloading them. The choices are exhaustive.

How to Be on NBA 2KTV said:

Truly I read it yesterday regardless I had a few examinations about it and today I expected that would investigate it again in light of how it is astoundingly well written.

Tonsil Stones said:

tonsil stones are the main contenders for being the terrible breath suppliers in people

north york physiotherapy said:

A astoundingly clear online journal circulate. We are really appreciative for your site zone. You will find a goliath measure of frameworks taking after to taking off to your post.

Skilled NBA 2K18 players are expected to sign up for the NBA 2K League said:

It is shockingly faultless and to a cerebrum boggling degree strong and I really took in a wide measure from it.

https://www.youtube.com/watch?v=Jg6Pf72-rB8 said:

To a mind boggling degree collaborate with to look at this content.Extraordinary tips and direct.

trenorol crazy bulk said:

What's all the additionally confounding site here with most by a wide edge of the central information you have.

oakville aquatics said:

Continue doing mind blowing doing here.I was acceptably looking for after down after down.

best wedding videography said:

I scan for after down such article along time, today I find it finally. this post give me stacks of brief it is to a striking degree fundamental for me.

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Proof Of Concept

Proof Of Concept – (Proof-of-concept) Referring to the types and applicability, reliability or evidence, verification, confirmation and corroboration, even substantiation, or resilience of data, fact etc. Also called POC, showing its usefulness and applications, features and possibilities, allowing to an extent no to low risk exposure and exploration, prospecting if...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com