Introductory periods usually give new credit cardholders a 0% annual percentage rate (APR) on transactions made during this period. Depending on the card, this special interest rate will apply to purchases, transferred balances, or both.
If you're searching for a...
Have you ever been late on a credit card payment, just to see your interest rate soar out of control? If yes, then a penalty APR is most probably the culprit.
A penalty APR is one of the lesser-known and...
Having a credit card is great as it allows you to stroll cash-free when you're shopping or traveling. The only thing that makes a credit card confusing is the processing rates, which are a little overwhelming if you’re new...
There are several benefits you can enjoy when you become the owner of a house, including ways you can use the costs of your home as a tax deduction.
Most of the time, your realtor will point out these types...
Individuals planning a trip overseas know the struggle of dealing with foreign transaction fees. Normally filed under credit card fees, this fee is typically buried in the lengthy terms and conditions page of your credit card agreement.
While international fees...
Swearing off the plastic because of the disadvantages of using a credit card is not always a smart idea. Using credit cards can help you to gain rewards and build credit.
And while you definitely want to use credit cards...
If you have a home equity line of credit (HELOC), you may be curious as to whether you are permitted to a valuable tax deduction for the interest you pay on the loan. The laws for deducting mortgage interest have changed.
The...
If you have used a credit card before, you have probably seen the phrase “balance transfer”. At times, there are fees and interest attached to a balance transfer, and at times there is a waiver on it altogether.
Are the...
Credit cards come with a number of fees for the range of transactions that you can do with the card. For example, cash advance fees can be costly and are important to pay attention to if you want to maintain...
APR stands for the Annual Percentage Rate, and it is usually applied to all types of credit products, including loans, credit cards, and mortgages.
While you may understand interest rates and they can seem straight forward when calculating the cost...
Credit cards are perfect for use on a daily basis, but they come with many different fees that you must pay whenever you use the card. Sometimes it feels like there is a fee for every little thing you...
There are a number of advantages when it comes to having credit cards. Credit cards help you to build your credit which can help you get major loans in the future, such as education loans, car loans, or mortgages.
And,...
