|
Wednesday, 01 August 2007 |
By Stephanie Foster
 If you're going to carry a balance on your credit cards, one of the most important factors is how low an interest rate you can get. The lower the rate, the easier it will be to pay off your debts. It is very much so worth some time comparing rates and fees.
The simplest factor to consider is the annual percentage rate you are likely to be charged. However, the actual rate you get may vary from the original quote in many cases, if your credit score is not sufficient. Most offers will note that the best rate is reserved for the best credit.
However, we'll assume for the moment that your credit is adequate to get something more or less along the lines of what is offered. You're not the sort to tell yourself that you have good credit when in fact it's a mess.
But there can be more to finding the best credit card rates than just looking at the APR. You also have to consider what you need the card for.
For example, if you are going to transfer |
|
Last Updated ( Wednesday, 01 August 2007 )
|
|
Read more...
|
