Credit cards offer a great deal of convenience and give us access to credit at a moment’s notice. So why do so many people think they’re evil? One reason is because they often come with a high APR (annual percentage rate).
Since lending money through credit cards is somewhat riskier than making a one-time loan, banks charge higher interest on them. If you carry a balance, that interest can add up in a hurry. And if you’ve made late payments or gone over your credit limit, you could be paying high double digit interest rates. What many cardholders do not... Articles Tagged ‘compare credit cards’
Top Tips to Negotiate Your APR
Credit cards offer a great deal of convenience and give us access to credit at a moment’s notice. So why do so many people think they’re evil? One reason is because they often come with a high APR (annual percentage rate).
Since lending money through credit cards is somewhat riskier than making a one-time loan, banks charge higher interest on them. If you carry a balance, that interest can add up in a hurry. And if you’ve made late payments or gone over your credit limit, you could be paying high double digit interest rates. What many cardholders do not...
Thursday, October 20th, 2011
Credit cards offer a great deal of convenience and give us access to credit at a moment’s notice. So why do so many people think they’re evil? One reason is because they often come with a high APR (annual percentage rate).
Since lending money through credit cards is somewhat riskier than making a one-time loan, banks charge higher interest on them. If you carry a balance, that interest can add up in a hurry. And if you’ve made late payments or gone over your credit limit, you could be paying high double digit interest rates. What many cardholders do not... 
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