Using a Low-Rate Credit Card to Your Advantage Written by Curtis ArnoldAn excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.The Three Keys to Using a Low-Rate Credit Card to Your Advantage:
1. Make your payments early.
If your card issuer uses the average daily balance method to calculate interest (most do), make your payments before the due [...]
Low Rate Credit Cards- A Consumer Primer Written by CardRatings.comCredit card balances are rising faster than consumers can pay them off. And with a high interest rate card it can be difficult to even make a dent in debt. According to Consumer Action, a non-profit, membership-based organization, a March 2004 survey revealed that only 39% of the people said they pay their credit card [...]