Shine india monthly magazine
Making zero interest work for you
Shine india monthly magazine You may already have several credit cards and cant imagine what youd do
with another. After all... Personal finance experts advise against having too
many credit cards. Before getting a 0% apr credit card ask yourself, "what
is the apr on my credit cards?" and "do i carry a balance on my cards
from month to month?" the average interest rate for credit cards is around
14%. On the low end, you may have a card that charges as little as 5% interest,
whereas cards for those with bad credit or no credit can be a whopping 29%.
Retail credit cards tend to have a high interest rate around 19%, even if you
have a1 credit. If the interest rates on your cards are up into the teens, then
you definitely need to consider other options (a 0% apr credit card), unless
you pay off your balances on a monthly basis. Dont throw money out the window
and into the pockets of the credit card companies. If you have high interest
cards and pay only the minimum balance, then it can take years to pay off.
$1000 spent could nearly double to almost $2000 by the time its paid off. The
best thing to do is transfer the balance to a 0% apr credit cards shine india monthly
magazine telugu.
Shine india monthly magazine
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