Search
Recommended Sites
Related Links
FREE EMAIL
Email Login
Password

Looking for a
FREE EMAIL


 





   

Informative Articles

5 Ways to Control Your Spending with College Student Credit Cards
Ah, those college days! To most of us, they bring back memories of first loves, long hours studying for exams, and endless parties with the best friends of a lifetime. But all this fun can come at a cost–as the credit card bills of most college...
Diminish The Fear Of Credit Card Fraud
There is so much credit flying about these days, that keeping tabs on the credit you have and the credit you have had in the past, would be a full time job. That's if you decided to apply your time to it. Not only that the threat of fraud...
New Money As Credit
"Labour accepts that private financial institutions like banks should be allowed to issue new money as credit" The full significance of this statement, correctly understood and widely known, would fundamentally change the whole...
The Advantages of Credit Cards
There are many evils associated with credit cards, but there are benefits that are hard to ignore. One benefit is having the credit card company act in your behalf to recover funds from a disputed transaction. Under the Fair Credit Billing Act...
The Best Way to Obtain Your Free Credit Report
The option is now widely available across America: you can now obtain your free credit report once a year from the three major credit reporting agencies-Experian, Equifax, and TransUnion. To obtain your free credit report, all you have to do...
 
4 Ways To Lower The Interest You Pay On Your Outstanding Credit Card Debts

1. If you are paying interest on your outstanding credit card balance, then you can save yourself all that interest you are giving to your credit card company by applying for another credit card that offers a 0% interest rate and transferring the balance from your existing card to your new one . Usually these 0% interest offers last for a set period of about 6 to 9 months and the money you save can be substantial. Be careful when selecting a new credit card to apply for as some of them now charge a balance transfer fee of around 2% of the balance transferred, so make sure you pick one that doesn't charge for doing a balance transfer. So that you can continue to pay no interest after this time, just apply for another 0% credit card from another credit card company at least a month before the first 0% offer expires, so you can switch the balance and not accrue any interest charges.

2. If you can't get a 0% balance transfer offer, then you can still apply for a card that has a lower interest rate than the one you are currently paying interest on and do a balance transfer to it. Of course if you already have another card with a lower balance transfer rate than your existing one, you can transfer the balance to that one, lowering your interest payments.

3. Another way you could save money on outstanding credit card debt is to simply ask your current credit card company if they would lower their rate for you. It is surprising to find that many of them will do this for you, especially if you tell them you are thinking of moving your balance to another card with a lower interest rate, they will most likely match the interest rate.

4. If you have several balances outstanding on several cards, then a good way to save money is to pay off the card with the highest interest rate first, which lowers the interest you pay overall.



About the Author:

Jose Miguel Poza is the author and if you would like to read more about saving money on credit cards and where to get good deals on new credit cards, please visit http://www.uk-credit-cards-portal.com

Source: www.isnare.com