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History Of The Cash Back Credit Card
By Robert Alan
Cash back credit cards have been an option for cardholders for around 15 years. Despite having been around for awhile, cash back credit cards continue to remain popular with consumers. The reasons Read more...
Bankruptcy And Buying A Home - How To Rebuild Your Credit
By T J
The good news of having a bankruptcy record on your credit report does not mean you can't buy a home. Believe me or not but people who have gone through bankruptcy have been able to encouraged Read more...
Where Can You Find Good Adverse Credit Mortgage Advice?
By Elizabeth Grant
If you have a history of bad credit, you will find it more difficult to find a lender who is willing to approve a mortgage for you. Although the increase in the number of people with debt problems Read more...
Find Favorable Terms For A Kredit Or A Privatkredit
By Groshan Fabiola
There are many financial institutions in Austria which act as providers of loans. The term loan, or ‘kredit’ is usually used to refer to a monetary debt, in which the borrower and the lender agree Read more...

 

 

 

 

 

 

 

home refinance Article

Below, you'll find extensive information on leading home refinance articles and products to help you on your way to success.

Flat Rate Credit Cards
By Michael D. Strauss
When credit cards were first introduced, they were a pretty simple proposition: use your card for purchases, and be charged a single rate of interest on your unpaid balance.
Then came the rise of the ATM (cash machine), and credit card issuers realised they could lend money by allowing their cards to be used to withdraw cash on account, and could earn more this way by hiding away a higher interest rate for cash withdrawals in the credit agreement small print.
Next came the balance transfer offer, with either long term low rates or an introductory 0% deal, closely followed by introductory deals on purchases too. Not to forget the different interest rate often charged for overseas use.
All these different rates for different kinds of card use can easily become confusing, and survey after survey showed that many credit card users were unaware of how much their card use was actually costing them.
In many respects, this suited the card companies down to the ground as they could advertise eye-catching rates for purchases and balance transfers while quietly imposing more lucrative charges on other kinds of card use.
Amidst all the confusion though, some card issuers spotted a gap in the market - how about a simple, easily understood credit card with no offers or benefits, just a single low rate

charged however the card was used? These cards became known as flat rate cards and their names usually reflected their transparency and ease of understanding, for example Barclaycard with their 'Simplicity' card, or the Co-op Bank's Clear.
Whether you're using one of these cards for spending, transferring a balance, or even withdrawing cash from an ATM, you'll always be charged a single rate. And what's more, most cards can offer a great low APR as the issuers aren't having to fund expensive introductory deals or cashback schemes.
So is a flat rate credit card for you? The benefits are obvious - it's easier to understand how much your card use is costing you, and you'll also usually get a great rate.
If you have a large balance to transfer, it might be more sensible to go for a card with traditional 0% introductory offer or one that features a low rate fixed for the life of the transfer.
Likewise, if you use your card for purchases a lot but usually clear your balance every month then the interest rate doesn't really matter to you, and you may prefer a card with a cashback or rewards scheme.
If however, like most of us, you use your card for purchases and cash withdrawals while carrying a balance from month to month, then a flat rate card could save you a lot of interest.


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Credit Card Offers - Credit Card Application
By Roberto Bell
Everything-Credit-Card.Com is a website that is dedicated to everything that is credit cards. On this site they offer you the best type of cards. There are the cards that offer airline miles, bad Read more...

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Credit Card Balance Transfer Revisited
By Gordon Goodfellow
Credit card balance transfers are one of the financial world's great empowering features, but they can only be done successfully if you follow the rules and don't fall foul of them. Firstly you must Read more...