article directory


Home | Top Editorials | Popular Content | Article Directory | Help/Faq's | Submit Articles | Account Login
Editorial Search



:: Main Articles :: Finance / Investing
Low APR Credit Cards Can Save You Financially
Finance / Investing Author: Melanie Simpson
Low APR Credit Cards Can Save You Financially
Do you have credit card debt and are trapped in a constant battle to make small payments on a huge card balance? 

Understand that you are not by yourself and that this happens to a lot of people everywhere. More than half of US Citizens carry a balance on one of their credit cards and the majority of those people pay the lowest amount on their account. The amount on your credit card could take ages to get rid of when you pay the lowest amount on the balance.

Using Credit To Become Debt Free?

It could seem somewhat bizarre to deem credit as a instrument to decrease your credit card debt, but it is all based on how you play the cards. The dynamic environment of the credit card industry have paved a way for low annual fees and even 0 credit card introductory rates.

The Power Of Low Interest Rates

Low APR credit card offers aren't intrinsically terrible, but if utilized carelessly can result in added debt. Willpower is key. You must start living within your means. If you get in debt make sure you sit down and build a plan to become free from it.

Getting a low APR credit card is crucial to allowing yourself room to breathe if you already have any type of credit card balances on other higher interest rate cards. When you are granted approval for a low APR credit card, you should be able to reassign your balance and start saving soon. The variation in a monthly cost for a $5,000 balance at a 24.99% APR vs. a 1.9% starting APR, would be roughly $1100. 

Self-Discipline Is Key

It is crucial that you refrain from using the savings of your new credit card to cause more financial difficulty by increasing your debt load. Start using the money that was initially used to pay your interest to start paying off your balance, if you do this then in time your debt will slowly begin to disappear.

Getting low APR credit cards are not the only solution. You've got to stop spending on all unneeded expenses and keep to a strict yet sensible budget. Once you are approved for low apr cards offers you have got to set goals as to how much you can spend per month while paying down your debt. If you do not set a limit you may end up spending more and more thinking that this is free borrowed money. Low APR credit cards are tools that will make a huge difference to help you get out of debt. Stay disciplined and on track to reach your goal of becoming debt free!
Total Views: 482 | Approx word count : 469 | 09/02/2010
Writers Resource: Providing advice and strategies to help you find the best 0 credit cards offer. Search through credit card deals: gasoline credit card, low APR credit cards, balance credit cards, cash back cards and more. 0CreditCards.org provides advice and strategies to help you find the best 0 credit cards offer. Search and compare credit card deals: gasoline credit card, low APR credit cards, balance credit cards, cash back cards and more to find the most suitable credit card fast.
MarketersDomination Related Articles
Low Cost Life Insurance Strategies By: Evan Povich - Looking for low cost life insurance purchase life insurance it is vital to look at your reasons behind life insurance before getting life insurance quotes. Buying life insurance is a big decision not only applies to you but it affects the rest of you...
The Price of Gold Hits All Time Highs Above $1,600 By: Elisheva Wiriaatmadja - The price of gold reached as high as $1,603.40 an ounce before slowing down in order to trade only at the $1,600 level. The latest European nation to see its bond market come under heavy selling pressure, Italy, caused a surge in the price of the ...
The Pros and Cons of Payday Loans By: Elisheva Wiriaatmadja - Grabbing a cash advance is the easy way to ease the burden on you and your family. These payday loans are easy to get, and many people love how much it helps them relieve the stress of making it through the next month. Often, you will fill out a simp...
Marc Faber Warns about Possibility of More Quantitative Easing By: Elisheva Wiriaatmadja - Market forecaster and economist Marc Faber continues to air his disappointment over the performance of the Obama administration. The Swiss fund manager, investment analyst, and editor of Gloom, Boom, and Doom Report (a monthly publication) warns abou...
Major Car Auto Insurance Discounts By: Evan Povich - Low Auto Insurance Should Be Checked Annually Let your fingers do the walking…Local phonebooks used to be the way to comparison shop right? It does take a lot of time to do so and you will face sales pitches here and there. Shop around...
Cutting Your Home Ins Premiums By: Evan Povich - Like health insurance for you and your spouse and children, homeowners insurance coverage isn't something to consider lightly. Not having the proper home owners insurance in place may have some serious repucussions. The wor...
Home | Top Editorials | Popular Content | Article Directory | Support | Terms | Privacy | Account Login

Article Marketing | Article Directory | Article Spinning | Content Syndication | Article Distribution

© 2015, All Rights Reserved.
All other copyrights belong to their respective owners. Internet Marketing Forum