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. 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
3 Tips For Discounts For Young Drivers By: Evan Povich - Discounts When You Buy Car Insurance It is a fact that searching for inexpensive young driver car insurance can be a hassle. Teen drivers have very little experience on the street and auto insurance companies deem this high risk. Higher ris...
Using Cash Advance to Get Through a Crunch By: Elisheva Wiriaatmadja - If you are a little shor on cash, you need to consider getting a payday loan to tide you over until the end of the month. These cash advances based on your paycheck are an easy way to get a little extra cash. They are usually easy to get with a simpl...
What You Should Know About Toxic Private Student Loans By: Elisheva Wiriaatmadja - Private student loans usually charges higher interest rates. So why choose this loan? With the economy not going any better, prices are going up including the cost of university education. Families are alrady burdened with rising unemployment rate...
Pathway To Lower Auto Insurance Premiums By: Evan Povich - Didn't think that locating low cost car insurance was possible? If so you may be thinking that you are already paying the lowest car insurance rates possible. There are many ways to lower your car insurance premiums. Here are several tips...
The Fair Debt Collection Act know your rights By: Michael Thomas - A lot of people who find themselves experiencing debt issues are being bullied into paying money to their creditors. The Fair Debt Collection Act is designed to help end this treatment of individuals who owe money. The Fair Debt Collection Act set up...
5 Tips For Cheap Home Owners Insurance By: Evan Povich - Cheap Home Owners Insurance: It's a known fact that residence insurance coverage can get pretty expensive. For that reason people are often looking for cheap home owners insurance and even though in doing so, individuals get victimized by insurance c...
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