Little Known Ways About Interest Free Credit Cards -- Practical Advice Now
By: Nathan Knightley
We all await the day when debt will be magically erased from all our reports.
Some persons call it the coming of Jesus, but I call it the coming of the debt-eraser. Okay, I'm obviously being absurd right now, but how exciting would this be? We'd all certainly call this individual a saint of some sort. I am sure I'd plaster his/her face on my living room wall in a 30/40 frame.
At this point I'd even be very pleased if my credit card debt was erased. The relief would be beyong measure. About those little plastic devils, how much do you presently owe on yours? I swear these suckers should come with the numbers 666 written across the front. Just as a fair warning to all who use them. Please, someone bring on the interest free credit cards. The world would be a much better place.
Last week I was shopping for Christmas. After all, this is the season to be jolly, right? Well, how in the heck am I supposed to be jolly when I know that my credit card is going to charge me some ridiculous interest rate every month? Every time I whip the thing out, I cringe with a tentative twinkle in my eye.
I don't like to use it, but , if you're broke from paying bills, you hardly have 20 other options. It's not like you can just dismiss the notion of buying presents for the loved ones. That wouldn't go over so well. Of course this wouldn't be an issue at all if one had a few interest free credit cards.
But, where in the world can you find these? Well, I'm glad you asked. You can certainly find interest free credit cards, but like always, there is normaly a catch. They're generally interest free only for balance transfers, and this only lasts for a year from the date you get the card. So don't plan on getting interest free credit cards that apply to purchases. Be sure to read the fine print on the back of each document/pitch you receive in the mail. The purchase interest rate is typically HIGH, and the cash-advance one is always worse.
I just remembered the only time I encountered true interest free credit cards. It was back toward the beginning of college. I was presented with a few interest free credit cards with 0 APRs on purchases. They only had 200 dollar limits and if you exceeded the limit, your interest rate was terrible. Other than that, these desirable credit cards cease to exist.
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