Credit cards - The top 3 things you need to know

Karin Loftist -----------------------------------------------------------------
Credit cards - The top 3 things you need to know
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Today there are so many different credit cards available, student
prepaid, low interest cards etc. that it has becomes a real
hassle to find the right one that will suit your needs.

This is the reason why we at online-creditcheck provide you
with necessary information which can help you in choosing the
right credit card for you. The good thing about this information
is that it is all free of charge.

We have created a list of 10 things you need to have a look at
before you decide to apply for that credit card

1) **Annual Percentage Rate - APR**
Many credit card companies give you an intro apr rate that will
be lower then your regular apr rate. Keep in mind when this
introduction apr rate will expire and use it to your advantage

0% Intro APR Credit Cards, will give you the opportunity to
purchase goods/a service without paying any interest on your
principal spend. Such cards are usually for people with a good
credit history

2) **Credit Card VS Debit Card (prepaid credit card)**
Although a Prepaid Credit Card, has the same look and feel of a
regular Credit Card, those two are not the same.

A Prepaid Credit Card, is in fact a Debit Card, and is usually
linked to a personal bank account. Other options are that you
need to load funds onto your debit card account first. This is
the reason why a debit card can only be used for a purchase that
your balance can cover.

A prepaid Credit card, are usually for people with a bad credit
history or for people who are unemployed.

3) **Credit Card Tips**
- Sign new credit cards as soon as you receive them
- Destroy old cards when they aren't necessary anymore
- Never fax your credit card number
- Be careful when supplying your credit card number by phone

- Pay your credit bills on time to maintain/create good credit
- Pay of your balance as much as possible
- If possible select a credit card with no annual fee
- Review your credit history on a regular basis

Keep the above simple things in mind when selecting a credit card
and you will find the right one that will suit your needs.

I would like to thank you for reading this article,
Sincerely,
Karin Loftist
http://www.online-creditcheck.com

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