Monthly Archives: February 2020

Play Safe With Secure And Prepaid Credit Cards

With so many consumers looking for ways to rebuild their credit, secured and prepaid credit cards are growing in popularity. Some people swear by them, and others try to avoid them. If you’re new to credit cards, you may have wondered how a prepaid card differs from a secured card, and how either kind can be used to build credit.

Secured credit cards work much like regular credit cards, but with less risk to the card issuer. The cardholder deposits money into an account, which is used to secure a line of credit. Typically, the cardholder needs to deposit enough money to cover 100-200% of the card’s credit limit. For example, a one thousand dollar deposit would result in a credit limit of five hundred to one thousand dollars.

Secured cardholders are responsible for timely payments, just like regular cardholders. This is a good thing, because it teaches good repayment habits and helps to establish a positive payment history – a very important part of rebuilding damaged credit. If a secured cardholder does default on a payment, the card issuer is protected; they can recover their loss by taking it out of the cardholder’s deposit account.

Critics of secured credit cards point out the difficulty of coming up with a lump sum of cash to use as the deposit, and they do have a point; if cash is that tight, perhaps it isn’t the best time to get a credit card of any type.

By contrast, prepaid credit cards are not actually credit cards at all. They look like them, and can be used like them, but they are really more similar to debit cards. The cardholder deposits money into an account and the prepaid card is then used to draw on these funds. No actual credit is offered by the card issuer. Setup fees and small monthly fees usually apply.

Prepaid cards can be issued to minors. These cards are popular with parents of teenagers who want their kids to have access to a credit card, but one with a definite spending limit in place. No large, up-front deposits are required to obtain a prepaid credit card. The prepaid card limit is up to the purchaser, who can load the card’s account with an amount of their choosing.

Prepaid cards can also be used to establish or rebuild credit. Some issuers give out cards with the Visa or MasterCard logo on them, and these cards can be used anywhere those brands are accepted. Setup fees and monthly fees vary by issuer, so do a bit of research to find the best prepaid card for you. You will find that your options are plentiful, and competition between issuers is steep – which is good news for potential cardholders.

Secured and prepaid credit cards are similar in form and function, with a few notable differences. If your credit is damaged or nonexistent, these cards present an opportunity to improve your situation. If you have a teen or young adult with an allowance, but don’t want to worry with cash or checks, prepaid cards can be a safe and convenient way to store their money. Likewise, if you have trouble limiting your own spending, you might want to try one of these cards.

But if your credit is average or better, and you’re able to control your spending and pay off your credit card balance each month, you might be better off going for a standard, unsecured credit card. The interest rate and fees will almost certainly be lower, and you won’t have to worry about putting up a big deposit. There are many available cards to meet many needs. A little research should turn up the card that best meets yours.

Why Derogatory Credit Dispute Letters Don’t Work

Why are derogatory credit dispute letters not working? Did they ever work? Perhaps the dispute letter technique is just not cutting it anymore and creditors and bureaus have gotten smarter, that it. Well sorry to say but no its not that they don’t work. It’s that, yes bureaus have caught on to the trend of dispute letters that are disputing factual accounts and have been doing a better job at verifying those accounts. The same way the internet has helped us, the individual, with information, it has helped businesses. Keeping that in mind.

Now to get to the root of the challenges derogatory credit dispute letters have been having were going to have to take a look at the content of the letter and who you’re sending it too. If all you’re sending is a letter saying this isn’t my account, take it off or I wasn’t late all those times my credit report shows, take them off. Its not going to work. You see they verify that information. Now you have to focus on your rights, a little more on that below.

While there are holes you can exploit, for example, many credit card companies have merged. For those companies, providing copies of the original documentation, might be difficult for them. This is something you can argue on your letter. Ring, Ring, ring a bell? That’s your que. If you have credit cards that have changed companies, it’s very possible you can dispute any existing issues on the account and have a positive outcome.

The reason many derogatory credit dispute letters aren’t working is that you have to be better informed about your rights and credit laws. The dispute letter still works, you simply have to apply it in a different way. You don’t simply dispute to the bureau and be done. You’ll have to challenge the validity of the account and the collection company contacting you.

Getting informed is the first step. Get good information on credit repair or a manual and make your letters pop with actual feeling. Second, pick up on the tricks they show you like mailing the letter to an address where it more likely to delay the response. Remember they have a window to response, if they don’t, it has to come off. All the tactics add up to a mean arsenal for your derogatory credit dispute letters. Good luck.

February Media And Entertainment Industry Networking Events

Audition Strategies: an Actor’s Workshop from a Producer’s Perspective”, workshop held February 6 in New York, focuses on the philosophy that an actors presentational technique during the audition process is just as, if not more, important as their acting skills. Actors will go through each step of the audition process and learn fast, simple and effective ways to build a portfolio, confidence, and the chance to get the part. The art of independent film and mountain culture are at the core of the Mountain Film Festival taking place in Mammoth Lakes through February 26. This festival accepts films of all genres and especially encourages films with an emphasis on mountain culture, action sports, and environmental issues. On February 8, and in fact every Monday night, long-running showbiz duo Billy Shepard and Judi Jourdan host the Gotta Sing! Search for A Star Open Mic! in Manhattan’s Hells Kitchen Theatre District, just around the corner from the David Letterman show. Participants in the show are also considered for an appearance on the couple’s cable TV program, “How to Succeed in Show Business by Really Trying”, shown on Time Warner Cable every Tuesday. From February 8-9, documentary producers and filmmakers from the East Midlands and beyond are invited to take part in a documentary pitching and marketplace held in Nottingham, offering complete preparation for getting a factual project funded internationally, including at Doc/Fests Marketplace 2010 as well as other international markets. A Film Finance Summit in Santa Monica will cover the primary sources of financing content in the credit crunch for television and film — debt, equity, presales and soft money. An evening workshop led by entertainment attorney David Steinberg is on February 8 of the conference which runs through February 10.

At the Paley Center in Beverly Hills, BMI’s VP of New Media and Strategic Development, Richard Conlon, moderates a February 10 roundtable discussion, Content and Cash, examining content verticals: music, film, TV, games, cross-platform deal making and development, and leading into a two hour post-event reception featuring live performing talent. At the “Almost Famous Film Festival,” registered teams attend a pre-challenge party with food, drinks, social mixer, on February 12, where they will receive a theme, A Line of Dialogue and a Prop, and then have exactly 48 hours to write a script, find locations, gather their actors and actresses, shoot and edit their 1-5 minute film, and then turn it in before the 48 hour deadline. The Sixth Annual Orlando Latin American Film & Heritage Festival is a curated film and cultural celebration of award-winning films and documentaries, in addition to meet the film maker events, hands-on educational sessions and exhibits with artists, inspiring poetry and performances by musicians and dancers, all happening February 12-14 in Orlando. This year’s Berlinale Talent Campus, a summit for up-and-coming filmmakers taking place February 13-18 in Berlin, has a stated theme of “Cinema Needs Talent: Looking for the Right People.” Every year a selection of Berlinale Talent Campus events are recorded and uploaded and archived to the Talent Campus website. Attendants at this year’s 2010 Hollywood Post Alliance Tech Retreat, in Rancho Mirage, from February 16-19, can explore display technologies, video consumer marketplace, rights management, audio, games, psychophysics, digital projection technology, asset management, and other resources suited to businesses and individuals that provide expertise, support, tools and infrastructure for the creation and finishing of motion pictures, television, commercials, digital media and other dynamic media content. The Folk Alliance Music Conference is an annual event that draws together music industry professionals from throughout the world to share ideas, network, and celebrate traditional music and dance. It all occurs February 17-21 in Memphis along with special events, such as the Folk Music & Business Awards, Lifetime Achievement Awards, networking receptions, official Performance Alley and private showcase performances, and much more.

The Urban Individualists, an artists collective curated by Helene Ruiz, hosts a February 19 reception in Pompano Beach to open the exhibition “Rhythm and Color”, a multimedia exhibition of works influenced, in their conception, by the rhythms found in music, the natural world, the built environment, and in human interactions. Live poetry/spoken word, special live performances, and refreshments are incorporated into the evenings celebration, which is free and open to the public. Non-profit educational organization, Country Radio Broadcasters, presents this year’s CRS 2010: Country Radio Seminar in Nashville, February 24-26. This year’s 2010 Durango Songwriter’s Expo / Santa Barbara Wine Country, combines and blends song writing and music business with wine culture, and as is the custom for Durango Songwriter’s Expo, registration will be limited to just 200 attendees. The 41st NAACP Image Awards will be February 26 in Los Angeles, and will be carried live by the Fox Network, but will be preceded by scheduled events in the days before the main evening’s ceremonies, like the 41st NAACP Image Awards’ Celebrity Golf Challenge on February 25. A newly added feature to this year’s Australian International Documentary Conference, February 26 in Adelaide, is the Trailer Park Pitch as an extension to the recently launched online market Trailer Park, permitting AIDC delegates to submit a trailer for their documentary project for a chance to have it remade with high-quality footage from Thought Equity Motions library, which matches selected documentary makers project ideas with national and international executive producers, broadcasters and distributors attending AIDC 2010. Washington Area Music Awards host the 24th Annual WAMMIES, February 28 in Falls Church, to celebrate career achievements by D.C. area musicians, concert promoters, lawyers, recording engineers, managers, graphic artists, and related businesses. After the official ceremonies and receptions, the after party follows at Bangkok Blues in Falls Church.

The above events are only a sample of what is fully listed. Complete details are on the “Media, Entertainment and Performing Arts Industry News and Events” page. Video and podcast versions of this news summary are also available at popular video sites around the Web like MySpace, YouTube, Daily Motion, as well as on The Actor’s Checklist podcast blog. Follow the posting of the news summary on Twitter. This month on the video news summary you will again see a dynamic array of artists in performance of film, music and documentary. These videos are now available on the Free Home Video Showcase which now serves as an archive for all past video presentations but without the audio news narration. Google Friends is available on The Actor’s Checklist allowing you to sign in with your Google ID and enjoy an interactive and social networking experience with other visitors to the site.The Actor’s Checklist is proud announce the return of the Digital Media & Podcast Blog to view and/or download to your iPhone the ten or five minute video or audio podcast presentation.

Instant Approval Credit Cards The Advantage of Applying Online

Getting instant approval for a credit card and sometimes getting immediate access to use it can now be done in less than 60 seconds. No muss, no fuss like the old days when getting a credit card took a month or more. If you werent aware of how instant your approval could be, now is the time to find out.

Internet Technology and Security Behind the Scenes of Instant Approval

How did the instant approval credit card come about? The answer is that the Internet has completely changed the way card-issuing banks can research consumer information and make a decision about an applicants credit worthiness. Nearly every major financial institution that issues credit cards including Chase, CitiBank, American Express, HSBC, and others now allows you to use the Internet to fill out their application online with complete security, submit it with the click of a button, and then count the seconds while they make their decision. And in most cases, if your credit is good to excellent, you will be approved instantly and a credit card will be on its way to you within days.

Behind the scenes, instant approval credit cards use the speed of the Internet and the sophisticated communication networks created for the banking industry. When you submit your application, banks can now easily verify your identity and check with one or more of the three national credit bureaus Experian, Equifax, and Trans Union to ensure that your FICO score meets their application criteria. (Your FICO score is a mathematical calculation performed by each of the credit bureaus that rates your credit history on a scale of 0 to 800.)

The Benefits of Instant Approval

If youre wondering why you might want to take advantage of this instant approval service to get your next credit card, there are several good reasons:

1. Many banks periodically offer special promotions on their credit cards, such as 0% APR on purchases and/or balance transfers for a specified period of time or bonus travel miles on airlines. These are offers you may not hear about if you dont browse the Internet looking for instant approval credit cards.

2. There can be a value in knowing quickly if you will be approved for a credit card if you find yourself needing additional credit for your business or personal needs. Using paper applications and the US mail will usually take 4 to 6 weeks before you know if you are approved.

3. You can sometimes get immediate access to a portion of the credit line for which a bank approves you. For example, some banks will offer you $300 to $500 that you can tap into immediately using a code they give you.

4. Applying for a credit card using a secure Internet site can actually be safer than filling out a paper application with your personal information and mailing it. Secure Internet sites use 128-bit encryption which is considered unbreakable in the computer security field. (You can tell when you are at a secure Internet site because your web browser contains a small icon that looks like a lock down at the bottom of the page.)

A Sensible Advantage

So the next time you are pondering your credit card needs and feel that you can benefit from a new credit card, consider looking into an instant approval card. In todays fast-paced world, you may agree that this new form of getting a credit card makes a great deal of sense for consumers.

Increase Your Sales By Using Merchant Credit Card Processing Online

In the early days of the Internet, many believed that online shopping would never become popular. They claimed that shoppers prefer to see products before the make purchases, and some claimed that people would never feel comfortable buying products online. Through the years, however, this notion has been shown to be false. Today, online shopping is a core part of the world economy. Here are a few of the reasons why accepting credit card purchases are essential for running an online business.

Before credit card processors offered online services, those selling products online would have to wait for a check to arrive before shipping products. Understandably, this left many customers unsatisfied. While it is possible to make withdrawals from bank accounts, customers are reluctant to give away their account numbers. Merchant credit card processing online offer a viable alternative, but many customers simply want to avoid the hassle of setting up yet another online account. Credit cards are the most convenient means to pay for items online.

Accepting credit cards requires submitting an application to a credit card processor. Many processors require a certain volume of sales, and the application process can take a bit of time. In addition, major credit card companies will not permit sales for products they considered to be high risk. Adult content, for example, may be deemed unacceptable for many companies. Fortunately, there are providers who can deal with low-volume sites, but it may take a bit of research to find the right one for a particular site’s needs.

In the past, accepting credit cards online could be technically difficult. In the earliest days of the World Wide Web, custom coding was often required. Today, most online shopping software has plugins and other components that can make the process of integrating merchant credit card processing simple. Most processors will give users a unique number that is used for identification. By plugging this number into a payment component or plugin, users can quickly begin accepting credit cards. It is noticed that when any organization have a proper online payment options its sales increases by a larger percentage.

Different credit card processors require different fees for the merchant credit card processing online. Fortunately, these costs tend to be low. For those who generate large volumes of sales, the prices can be especially small, but even small businesses will find most prices to be reasonable. When choosing between processors, it is important to find which one offers the best rates for a particular business. Countless businesses of all sizes accept credit card transactions. While the process of applying to a credit card processor and integrating it within a website will take some time, the process is not as daunting as it once was, and most will have little trouble.

A Closer Look At Credit Cards With Instant Approval

Indeed, the promise of getting a credit card approval “instantly” can be tempting for anyone who wants to have it, particularly for individuals with bad credit. Nevertheless, some consumers may try to apply for an “instant approval” without really knowing the qualifications of the issuer or the company. In this case, there is the risk of getting rejected or getting stuck with high interest rates and fees. To avoid such problems, consumers are advised to be cautious when applying for.

Can anyone really get a sure approval? The truth is that if you have no credit or bad credit history, your application may still get declined. So what do you need to know about instant approval credit cards? Read on the rest of the article and find out the facts that can guide you in your search for a credit card.

What does “instant approval” mean?
The phrase “instant approval” is better translated as “conditional approval” or “pre-approval”. However, many card companies use the more promising phrase for marketing purposes. But what does it really mean?

When you submit your application over the internet, the issuer will run a quick credit check and send back a response within a matter of minutes. Indeed, this method of application is quicker than going to your nearest bank to fill-out an application and waiting for days for your banks call.

However, after receiving the pre-approval email, the applicant must wait for 4 to 7 banking days for the actual process to complete. Within this period, the issuer will do further investigation on the applicant’s qualifications before sending out the credit card to the cardholder via registered post mail. Afterwards, the cardholder must first verify his/her account by calling up the issuer before the account can be activated.

Why Be Careful
One crucial factor to check is the security of the website. Before filling in your personal information, make sure that you are using the official website of the credit card company. Does the URL begin with https://? Also, if you are being directed by a credit card review website, it is better to type the complete URL of the credit card’s website rather than just click on the link provided on your screen.

Yes, applying for a credit card is certainly not a joke. It is very important to understand your chosen issuer’s Terms and Conditions to avoid getting rejected. Take note that not all credit cards with instant approval accept customers with bad credit or no credit history. If you have bad credit or if you have yet to build credit history, you need to compare your options from a list of secured credit cards that offer instant approval online.

Do comparison carefully to make sure that you will not be subjected to hidden fees, high rates or unreasonable terms. If you are applying for a secured credit card, make sure that it does not only offer instant approval but credit reporting services to the three major credit bureaus as well.

Bad Credit Personal Loans For 75000

Bad credit personal loans are superior to people having bad credit score. A person is called a bad creditor if his achieve is less than 600point. This can be owing to a lot of reasons similar to arrears, defaults, bankruptcy, CIJ, IVA, not on time payments etc. Bad credit personal loans are obtainable in two forms, secured and unsecured. If you are seeking for lower interest price then you should go for secured bad credit personal loans. To benefit it youll have to place one of your assets similar to vehicle, house, bank account, jewelry etc as security with the dealer. On the extra hand if you dont desire to risk your assets you can advantage unsecured bad credit loans for the reason that you dont want to place any security to avail it. The loan total that can be availed with bad credit personal loans ranges from 5000 to 75000. However if you desire to avail extra than 75000, you can do consequently by placing a security of high worth. The refund time of bad credit personal loans ranges from 5 to 30 years.

BAD CREDIT PERSONAL LOANS: ADVANTAGES

Bad credit personal loans are extremely useful for people suffering from bad credit positions. Everybody can now avail a personal loan for the reason that bad credit loans are obtainable for both tenants and homeowners. You choose for either secured or unsecured bad credit personal loans depending upon your requirements. Lenders offer flexible refund time with bad credit personal loans. If you decide for longer time of refund, your monthly installments will be small other than you may end up paying extra cash for the reason that youll have to pay the interest for longer time. You can add to your credit score by paying the loan installments frequently and timely.

BAD CREDIT PERSONAL LOANS: SUGGESTION

With superior research you can avail badly credit personal loans at sensible terms and conditions. You can make use of online Internet to search for lenders offering bad credit personal loans and match up to between them to decide the one that suits your wants. Bad credit personal loans are a benefit for people suffering from bad credit record.

Are You Dazzled By Cash Back Credit Card Offers How To Choose A Card And Come Out Ahead

Nothing makes a credit card more enticing than the promise of receiving cash back with every purchase. Such an arrangement makes perfect sense in the minds of people whore going to use their credit cards with or without incentives. But grabbing at the first cash back credit card offer that comes your way could create problems for your finances. Points and privileges still have their place, but card issuers recognize the power of luring consumers with cold, hard cash.

Theres no question that the credit card industry is still immensely profitable. Issuers manage to draw sensible consumers in with promises of free money and juicy bonuses. But responsible consumers need to consider why card issuers would make these offers to begin with. Although it might be gratifying to think that they want the best for us, the reality is that we cant count on them being so kind.

Cash back cards may not be all you expected if you dont choose the right card. Pay attention to the following points to come out ahead of the credit card company.

Dont Make It A Game

Your ploy to open several new cards just to cash in on the signup bonuses then cancel them after you receive the cash will backfire. Opening and closing credit cards at random will hurt your credit score. Remember that your credit utilization ratio is factored into your final score so any increase in that percentage will cause your score to drop. Apart from that, youll forfeit your rebates on the cards if you dont meet certain limits. And if you overspend just to qualify for the rebates, youll hurt your finances more than anything else.

Do The Math

Dont get sucked in by attractive 2-6 percent cash back offers. The average cash back rebate is 1 percent, so be wary of unusually high offers. If you fail to read the conditions of those high percentage rebates, youll realize too late that theyre restrictive or almost impossible to obtain.

For instance, some cards promise 5 percent returns on groceries. But if you do most of your grocery shopping at a membership warehouse, you wont qualify for the rebate card issuers typically exclude some types of stores from their programs.

Revolving categories also make it harder for card holders to keep track and get the benefits of high percentage deals. Whats worse, is that you have to sign up to be included in the higher rebate categories. So if you go shopping without explicit confirmation from the credit card company, the rewards will never materialize.

In other cases, you have to agree to high annual fees in order to qualify for the inflated rebates. According to reports, over 65% percent of card holders never cash in on their rebates. The cloudy terms and constant roadblocks by card issuers are both reasons some consumers give up in frustration.

Read The Fine Print

Every card has its own set of rules as it relates to redemptions, expirations and forfeitures. For example, a late payment could lead to the loss of months of accumulated cash back rebates. Imposed pay increments are another way that card issuers hold back some of your money. So if your account has an irregular amount as often happens- it will sit in the account until you reach the required minimum.

How to avoid paying too much in Credit Card Processing Fees

I’m sure as a business owner you have enough to do without having to figure out how Credit Card Interchange Fees work. The good new is it’s not that complicated. There are hundreds of different interchange fees, what is important is to understand that interchange is essentially the wholesale rate that banks charge each other in order to process a credit card or debit card transaction. It is the cost of doing business, usually around two percent of the transaction amount.

Although the card companies set interchange rates there are things you can do to help avoid paying too much.

Review Your Charges Annually

At least twice a year (generally every April and October), Visa and MasterCard re-assess their processes, regulations and fees then announce rate changes and new fees. Many times your existing provider will layer on additional rate increases above the Interchange adjustments. Call another provider, fax in your merchant statement and have your account analyzed to “catch” these hidden rate increases.

Use an Interchange Pass Through Program

In order to pay the lowest fees when processing credit cards, a merchant’s goal is to pay as close to interchange as possible. A merchant account that uses an Interchange Pass Through pricing method applies processing fees by adding a small percentage to the actual Interchange Rate for every transaction and all dues and assessments are passed through directly at cost. This ensures that you only pay the true interchange rate in addition to a small mark-up that goes to their merchant service provider. Many times your existing provider will layer on additional rate increases above the Interchange adjustments. Call another provider, fax in your merchant statement and have your account analyzed to “catch” these hidden rate increases.

Avoid Downgrades Whenever Possible

A downgrade occurs when a transaction falls to a higher rate then what your business may qualify for. Whenever possible swipe the card at the point of sale device in order to reduce fraud and qualify for your lowest rate. For those of you that own some sort of on-site service or repair business, invest in either a wireless credit card processing terminal or look at some of the newer solutions such as RoamPay or PayWare mobile which allow you to use your mobile phone as a point of sale device.

Obtain the Correct Billing Information

In order to avoid downgrades for Card Not Present Transactions always obtain the correct billing information for the card being used. Credit Card Companies use an Address Verification Service (AVS) for Domestic Cards to determine if the billing information you enter matches the Card you are keying in. Always collect the Billing Address of the Card including the Postal Code as well as the Card Verification Code. The Card Code is the 3 Digit Number at the end of the Signature Panel on the back of the card for Visa, MasterCard and Discover. For American Express it is the 4 digit number on the front right hand side of the card above the last 5 digits of the card number.

Make Sure your Point of Sale Device is Programmed Properly

If your Point of Sale Device is not prompting you for Billing Address information as well as the Card Code, contact your Merchant Service Provider right away to get your device updated in order to pass that information to the Credit Card Companies. Another way transactions can downgrade is if you do not Settle or Batch your transactions within 24 Hours of obtaining an Authorization. Virtually all point of sale devices have the ability to Auto-Settle or Auto-Close at a specified time on a daily basis. If your device does not have that option enabled, contact your Merchant Service Provider right away to get your program updated.

Train Your Staff

If you are not the person directly responsible for processing credit cards at your company it is important that you properly train your staff to avoid downgrades. Routinely observe your cashiers, monitor transactions and carefully review your month end processing statements.

Choose A Credit Card, The Right One Of Course

If you are searching for the best possible deal and the best credit card company, you will obviously need to look around at what you have to choose from and what works best for you. The first thing you will need to decide when choosing a credit card, is why you need one. Some people choose to get a credit card for cash flow purposes. With a credit card, you can make purchases and buy things, leaving your paycheck or other income source in your bank account to draw interest. This way, your money will grow while you continue to buy the things you need. Then at the end of the month, you can simply pay your bill. Others will select a credit card and use it for instant cash purposes. This way, they can use their credit card at an ATM and get instant cash, which is great for travel or going on an extended vacation. If this is why you want a credit card, you should look for one that has the lowest rate possible for instant cash transactions.

With a credit card, you will also need to think about the payments. You will need to determine if you want to pay the balance in full each month, or the required amount. When you select your credit card, you should look at the introductory rate, balance transfer rate, and other offers that may apply to new credit cards and new card holders. Some will offer you truly exceptional deals, especially if you have good credit.

Another significant area to peruse when choosing your credit card is the incentives. There are a few cards out that will give you incentives, i.e. reward points and cash back with purchases, cash back that you can use towards paying back what you owe. There are several incentives types available with credit cards, all you have to do is look around and compare.

The key area you will need to look at and compare is the APR (Annual Percentage Rate). The APR is what you will pay on what you buy when the incentive period runs out. APR rates will vary among credit cards, so it is always in your best interest to compare and shop around. The lower APR rate you get, the better off you will be.

Another concern with choosing your credit card is the minimum monthly payment amount. Most minimum payment balances will start around 3%, although some can be lower others tend to be quite a bit higher. The interest free period is a concern as well, as you will obviously want to choose the longest period available to keep the payments down.

When you make that final decision and choose your credit card, you should make sure that you know exactly what you are getting. Credit cards are great to have, although they can lead to a financial downfall if you do not choose them carefully. If you put some time and research into choosing your credit card, you will find the best one for you. As long as you take care of your credit card and pay the bill on time, you will help raise your credit limit and eventually be able to purchase even bigger items – such as a car or even a house.

Art Taylor has been a successful internet marketer for 10 years. He publishes articles about credit cards and other internet marketplace products and services. To gather more information or apply for credit cards visit his website at: Ecreditcardworld