Credit Card Information

Having credit cards is becoming second nature to many of Britain’s residents but can sometimes be used for the wrong reasons such as couples / families using “plastic” to supplement an income that simply isn’t available.

This can lead to debt related issues and repayments which are unaffordable due to the income not being available in the first place.

Are credit cards really as important as some card holders make out?

In modern day times, it can be considered part of English heritage to have cards but there are major downsides from having a credit card for the pure sake of doing so.

The reasons for applying for and having a credit card need to be reasonable and not to just be used for shopping sprees as this has been the main causes behind the large increase level of debt which exists on credit cards.

Before considering submitting any credit card applications, it would prove an idea to consider exactly what cards have to offer in terms of benefits and APR rates in comparison to those of other European countries and beyond.

With this in mind, it can be vital to compare credit rates to those of our counterparts because with the introduction of the euro, credit cards could be similar (if not identical) when being used abroad so it could be important to familiarise yourself with all rates and charges.

What to consider with credit cards?

If you are looking to submit a credit card application then you need to consider all elements and potential risks of taking on credit /store cards because whilst lenders won’t disclose such information, you need to research lenders and their rates as much as possible for the best cards.

Never hesitate to ask questions as this will help you establish which is going to be the best credit card for your requirements and by ensuring you are 100% with the responses then it will be a lot simpler to match up its suitability.

What is the APR rate? This is the most vital part of any credit cards and whilst this will vary from lender to lender, it could be anything from 14.9% to 39.9% but your personal rate will be entirely dependent on your financial circumstances
Is the APR rate fixed? With many lenders offering introductory rates on credit cards, it is usually submit to change after 6 months / 1 year (many credit card holders miss this in the small print) and can be hit with higher repayment charges after the “welcome period” has passed.

Credit cards can be very useful tools if they have reasonable rates to begin with and once you have received it, to prevent problems occurring only use it should it be a matter of life or death because if used daily, you could end up being just one of the many millions of residents in the UK that experience debt related problems.

Useful Credit Card Inforamtion and Advice

Estabilishing a Good Credit Record With A Credit Card
Credit Cards Versus Cash
Prepaid Cards Versus Bad Credit Credit Cards
Choosing the Best Credit Card for You
Choosing the Best Business Credit Cards
Credit Cards and Children – A Good Mix or Not?
Credit Card Statistics For The UK
Credit Cards Are In, When You Are Traveling
Credit Card Marketing
The Benefits of Comparing Credit Cards
Will Comparing Credit Cards guarantee you a better rate?
Bad Credit Credit Cards, How can I apply for one?
Bad Credit, Credit Cards: Will I be accepted?
Why Compare Credit Cards
Business Credit Card Uses
How quickly will I be accepted for a Credit Card?
Avoid Bad Credit Credit Cards
Comparing Credit Cards On Websites
Best Way To Submit Credit Card Applications
Credit Card Applications and False Information
Using Credit Cards Abroad
Payment Protection
Making Repayments
Bad Credit
Charges For Using Credit Cards Abroad
Store Cards or Credit Cards
The Best Deals - Credit Cards
Withdrawing Cash and Credit Cards
Service Tiers - Credit Cards
Applying For A Bad Credit Credit Card
Applying for a credit card and points to remember
Applying For a Credit Card Online
The Facts About Credit Card Applications
Credit Card Applications
Credit Card Applications: Issues with Repayments
Risks from Applying for a Credit Card Online
Choosing The Right Card
About Business Credit Cards
Apply Credit Cards - The Revised Edition
Apply For credit Card - Guaranteed Acceptance
Business Credit Cards, The Facts
Apply Credit Card: Do I need to submit applications online?
Fees By Credit Card Companies
The Asian Credit Card Market
Finding Designer Clothes Shops and Using Credit Cards
Credit Cards Are Big Business
Processing Credit Cards and Debit Cards On Websites
The Best Credit Cards and Where To Find Them
Credit Card Surfing
My Credit Card Experience
Credit Cards, Debit Cards and Internet Shopping
Credit Card Percentages
Low Interest Credit Cards
More Facts About Credit Cards
Credit Cards After Separation
Credit Cards and Cash Withdrawals
Keeping Your Credit Cards Safe
Read The Small Print For Your Credit Cards
Vanquis Credit Cards For People With a Poor Credit Score
Credit Card Debt In The UK
First Steps With Credit Cards
Bankruptcy and Credit Cards
Simple Tips To Keep Your Credit Card Secure
History of Credit Cards - Part 1
History of Credit Cards - Part 2
More Advice On Saving Money - Credit Cards
What are Credit Cards and How Do They Work
Credit Card Fraud
Credit Cards - The American Perspective