Everything About Credit Cards Rate And Bankruptcy : Learn About Practical Infos Next

by sas_nathanknightley

We are all wainting for the day when debt will be suddenly erased from all the reports.

Some people call it the coming of Christ, but I call it the coming of the debt-eraser. Yes, I'm obviously being stupid right now, but how exciting would this be? We'd all certainly call this person a saint of some kind. I know I'd plaster his/her face on my living room wall in a 30/40 frame.

At this point I'd even be very happy if my credit card debt was erased. The relief would be inestimable. Speaking of those little plastic devils, how much do you presently owe on yours? I swear these suckers should come with the numbers 666 written across the front. Just as a fair warning to all who wield them. Someone please bring on the interest free credit cards. The globe would be a much happier place.

Last week I was shopping for Christmas. After all, this is the season to be happy, right? Well, how in the heck am I supposed to be happy when I know that my credit card is going to charge me some ridiculous interest rate every month? Every time I whip the thing out, I cringe with a tentative twinkle in my eye.

I don't like to use it, but , you hardly have 20 other options if you're broke from paying bills. It's not like you could just dismiss the idea of getting presents for your loved ones. That wouldn't go over so well. Of course this wouldn't be an issue at all if one had a few interest free credit cards.

But, where in the world can you find these? Well, I'm pleased you asked. You can certainly find interest free credit cards, but like always, there is normaly a catch. They're in general interest free only for balance transfers, and this only lasts for a year from when you have the card. So don't plan on getting interest free credit cards that apply to purchases. Make sure to read the fine print on the back of each document/pitch you receive in the mail. The purchase interest rate is generally HIGH, and the cash-advance one is always worse.

I just remembered the only time I encountered true interest free credit cards. It was back toward the beginning of college. I was presented with a few interest free credit cards with 0 APRs on purchases. They only had 250 dollar limits and if you exceeded the limit, your interest rate was horrible. Other than that, these advantageous credit cards stop to exist.

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