(c) Copyright Resume Corner, Inc. DontSpendMore.com. All rights reserved.
Zero Percent Interest
At times of recession and an extremely slow or perhaps imaginary economic growth (could also be economic reduction), people are on the verge of going into bankruptcy, poverty and even the lowest living styles one can afford. At the mention of zero percent interest, many people might jump at the opportunity, happy that they won’t have to pay any extra amounts of cash for any kind of credit cards or loans.
Click here to compare and save on credit cards. Low APR and 0% APR credit card offers from multiple providers. Click here to save now. |
And although the saying is as true as they say, there are a lot of hidden rules and regulations behind it that only a person working at a bank can really know and take seriously. Otherwise, there is a whirlpool of faults you could do and then be in a situation where you find yourself paying more than you actually thought you would!
At DontSpendMore.com, you can compare and apply for low APR and 0% APR credit cards. These offers are ideal in terms of bringing down your interest expenses and also a viable platform to become debt free.
* This online application is subject to the terms and conditions as described in the Important Information Section of the application. |
||||||||||||||||||||||||||||||||||||||||||||||||
Yes They Exist
Of course, being there two kind of every kind, some people refrain from the offer, thinking it to be a scam and that such a thing where the banks or the governments are not getting any benefits is unlikely to exist. But they do. Zero percent interest on credit cards is very much available but only to some people.
It is a selective procedure and although the offer is advertised massively, only some qualify for the deal. A good credit is required with a good history as well. A person who makes late payments and maxes out on his cards is improbable for the deal. Zero doesn’t necessarily mean ‘zero’ for the bank. It means that there will be an extremely low, almost non-existent interest present on the card. It isn’t that much and is definitely better than the normal interest rate one has to pay.
Know What You’re Getting Into
Once qualified, the bank keeps a check on you, ready to jump in if you mess up on their rules of the zero percent interest on your credit. If you do mess up, you will have to pay much more than you bargained for and there goes the zero percent interest then. A person should read all the terms and conditions before signing into anything. For example, the bank issues a zero percent interest card with only a 0.5% interest on every transaction made. A person, thinking that there’s no interest, might end up spending more than they actually would.
A Timely Offer
The concept of time should be considered by every consumer or applicant for this type of deal. When the bank means the 30th of July, they mean the 30th of July. Otherwise all the cut off interest is going to come piling back with an even more hefty pension on it.
It is beneficial to people who use it intelligently, not going overboard with the name of the offer on their minds. In fact, it is actually more beneficial to the people than the bank if they know the terms and use it like a normal credit card.
You might need a loan at some point. At least now you know the easiest -- and cheapest -- way to go about getting one.
| Thank you for visiting us. Do consider visiting DontSpendMore.com to compare and save on credit cards, cell phones, loans, long distance, mortgages, Internet access, and more. |
Click here to find out how to save money on credit cards
Compare and save on credit cards, cell phone, long distance, Internet access, mortgages, insurance, and more at www.dontspendmore.com
Home Contact Us Partners Tell A Friend Privacy Policy About Us Terms of Service