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SuperCharged Secret 1 of 5 - Credit Card Utopia
I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS!
Note: The following is part 1 of a 5 part series. Over the
course of these next 5 articles, I am going to introduce you to
several methods for maximizing the use and benefits of the best
Credit Cards and offers on the market today. This information,
when used in conjunction with one another, is unlike anything
you've ever seen before. I like to call this approach, the "5
SuperCharged Secrets to Credit Card Utopia."
- SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE
SUPER-POWERS!
- SECRET 2: INTEREST BEWARE, THERE'S SAFETY IN NUMBERS!
- SECRET 3: TURBO-CHARGED KILLER RATE SAVING
INFORMATION!
- SECRET 4: YOU SCRATCH MY BACK, AND I'LL BUY SOME MORE
BEER!
- SECRET 5: LIVING IN CREDIT CARD UTOPIA
Without further Ado, let's get started:
SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE
SUPER-POWERS!
1) How would you like a zero interest credit card?
WHAT? Did you say ZERO interest? That's like 0.00%, or
.0000000%, or nothing, or nada, or no interest? Tom! Can't
be!!!
2) Actually, that's exactly what I mean.
You can have zero interest on a perfect day, or, can you live
with 4% interest? I just received a credit card offer for 4%
interest (which I turned down?), but if I needed it, that is
completely reasonable, don't you think?
3) You see, you are the consumer, and you have Low-Rate Super
Powers!
This is a hot, credit-hungry market we're in. There are banks
and lending institutions that would do just about anything to
entice you in to their little web of plastic loanery.
4) Here's Secret #1 revealed:
Credit Card companies are competing with each other, by
offering consumers like us, low-interest, to no interest, balance
transfers on already existing debt. Granted, these are usually
(but not always?) limited to a time period like 6 months?
But, what do you care? 6 months of zero interest is certainly
MUCH better than 6 months of 19% interest, RIGHT?
5) The first, most important thing you need to do, is examine
if you have outstanding balances on other credit cards. If you
do, then wisen up!
Let me be your Dad for a second?"Stop being lazy!" Go shop for
a new credit card, and ask them if they offer balance transfer
opportunities. Virtually ALL OF THEM DO! When you get the answer
you're looking for, apply. They'll send you a nifty letter in the
mail with a bunch of blank checks. Have a feel day! Go pay off
your other credit cards, transfer the balances, and start
enjoying zero to low interest! Pretty cool, huh?
6) But TOM, what do I do in six months?
Oh please. You know what you need to do. Mark your calendar,
or your Franklin Covey, or your PDA, or whatever you use, and
repeat the procedure again in 6 months (hot-tip: look for no-time
limit zero interest balance transfers.)
This is easy stuff, folks. But it does take a couple extra
steps.
That's why people AREN'T DOING IT, if you can believe
that!
Well, it's your turn to be the smart consumer, right? Take
this BIG, HUGE, sensible first step, and you are well on your way
to the pearly gates of Credit Card Utopia!
We've enjoyed providing this information to you, and we wish
you the best of luck in your pursuits. Remember to always seek
out good advice from those you trust, and never turn your back on
your own common sense.
Publisher's Directions:
This article may be freely distributed so long as the
copyright, author's information, disclaimer, and an active link
(where possible) are included.
Disclaimer: Statements and opinions expressed in the articles,
reviews and other materials herein are those of the authors.
While every care has been taken in the compilation of this
information and every attempt made to present up-to-date and
accurate information, we cannot guarantee that inaccuracies will
not occur. The author will not be held responsible for any claim,
loss, damage or inconvenience caused as a result of any
information within these pages or any information accessed
through this site.
About The Author
Tom Levine provides a solid, common sense approach to solving
problems and answering questions relating to consumer loan
products. His website seeks to provide free online resources for
the consumer, including rate-watch, tips and articles, financial
communication, news, and links to products and services. You can
check out Tom's website here: http://loanresource.org, or you can email Tom
at info@loanresource.org.
MORE RESOURCES:
Credit - Google News
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