by: Michael Colucci
You have two or more major credit cards comfortably snug inside your wallet.
You are quite proud of them and they seem to act like your security blanket. But are you sure that security is the commodity being offered by the credit cards?
The credit cards offer immediacy.
That is, you can immediately purchase an item you like using your credit cards.
Without the plastic, you will have to scrimp and save for weeks or months before you can afford that certain item.
With credit cards, you incur a debt each time you have the plastics swiped.
And, looking closely at the debt balance, you notice that it wasn?t reduced much each time you pay.
To get out of a debt or a loan, the best you can do is not to pay your minimum balance.
Each time you pay the minimum balance, you are letting the credit card company or the lender take as much interest as they can out of your hard-earned money.
A debt of $3,000 may not seem much and you certainly can take care of this in less than six months.
But your minimum balance reflected in your statement of account is surprisingly small.
You smile.
Do you really think that the minimum balance was made small because the credit card company was considerate?
Think again.
How much is the total amount you have paid for all your monthly payments for credit cards, loans and debts?
Perhaps you have paid more than half of the price of the item that you purchased.
Check the debt balance you still need to pay.
The balance is still high, after all the payments you have made.
For how long will you be paying so that you can pay off the debt?
Obviously, it will take you a long time.
To fix the situation and to put you on a more stable financial situation, you need to take steps.
The first of these is to come up with a written plan to pay off all your debt.
Second, pay much more than your minimum amount.
This will significantly reduce the balance.
Third, keep your credit cards snug inside the wallet.
As much as possible, it must not go near a cash register.
Use it only for emergencies, not for a big midnight sale.
Another step you can do is to move the balances on cards that charge high interest rates to cards with lower interest rates.
And lastly, never get a payday loan to pay off your credit card payments.
Though credit cards charge high rates, the rates of payday loans are even higher.
About The Author
Michael Colucci is a technical writer for Low Interest Credit Cards at http://www.low-interest-creditcards.org. You are granted the right to reprint this article but the title and content must remain unchanged and the authors name and contact information must be included.
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Using Business and Greeting Cards Effectively
Using Business and Greeting Cards Effectively
by: Jay Conners
Business cards and greeting cards almost go hand in hand when being used for marketing and business purposes. With a few exceptions. One is bigger than the other, and needs a postage stamp in order to get to it?s desired location, as opposed to the business card which is handed directly to a person or dropped into a fish bowl in the hopes of winning an office party.
Here are a few tips on how to use the business card and greeting card as a sales and marketing tool.
The Business Card
This tip is not just about what you can do with your business cards, it?s about what you can do with other peoples business cards once you receive them.
A business card is normally exchanged before, during, or after a conversation you have with a person. The next time someone hands you a business card, try to remember something positive about the conversation you had, perhaps something...
Using Business and Greeting Cards Effectively
Business cards > Using Business and Greeting Cards Effectively
The Advantages of Airline Credit Cards
The Advantages of Airline Credit Cards
by: Morgan Hamilton
Credit card companies are becoming very competitive.
With the use of credit cards becoming an everyday part of life, credit card companies are scurrying to get your business.
Many credit card companies have teamed up with other companies to offer rewards or perks to users.
Airlines are one of the top companies that they have team up with.
Travel and credit go hand in hand to provide the customer with free air miles for purchases they make on their credit card.
Airline credit cards have many advantages for the frequent traveler.
Airline credit cards have a major credit card company backing it, but also displays the airlines logo or name.
As you make purchases you earn points towards these airline miles.
Most airline cards have a certain number of points you must gain before earning a free ticket.
It is important to...
Business cards > The Advantages of Airline Credit Cards
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Mobile Reliant. Or How I Learned To Stop Worrying And Love The Payphone!
Mobile Reliant. Or How I Learned To Stop Worrying And Love The Payphone!
by: Emily Sims
I?m waiting for a friend to pick me up. There are nine people coming for dinner and I?m cooking. Our whole evening depends on my hasty retrieval from the train station, and I?ve forgotten my mobile phone. I was standing on the platform, fumbling for it in my bag, when I realised my phone was absent. I had told my friend that I?d call her when I arrived at the station. Unsettled,...
Business cards ringtones Don't Pay Your Minimum Balance on Credit Cards Mobile Reliant. Or How I Learned To Stop Worrying And Love The Payphone!
Business cards > Mobile Reliant. Or How I Learned To Stop Worrying And Love The Payphone!
Business cards Don't Pay Your Minimum Balance on Credit Cards
Types of Horse Races
Types of Horse Races
by: John Timmons
Horse Races come in several types, namely, stakes,
handicap, allowance, claiming or maiden races. Each one of
these have important differences in terms of the types of
horses entered into the race, as well as how horse owners
and trainers will decide to run their horse in the race.
Stakes races are those which occur annually, offer very
large purses, and attract very high quality horses.
Examples...
Business cards Don't Pay Your Minimum Balance on Credit Cards Types of Horse Races
Business cards > Types of Horse Races
How to Obtain Better Gas Mileage
How to Obtain Better Gas Mileage
by: Ken Reno
During the early years, ten dollars per barrel was just the price of oil, but nowadays, it has reached a staggering price that makes ten dollars per barrel prehistoric in proportion.
Everybody has heard the news, (if really it's considered news at all), that gasoline price is continually increasing, which brings us to the question: ?Can we do something to prevent gas price hike??
The world can?t do...
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Business cards > How to Obtain Better Gas Mileage
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