Getting a credit card today is very easy, but getting a low cost credit card is not! Ask for an online credit card quote before you sign up for any particular credit card. Because when it comes to credit cards, not everything is as black and white as the 0% interest rate that they advertise! Most such 0% or low rate offers are limited-time introductory offers only, and normally expire in 6-12 months, after which you are charged exorbitant rates!
How Does An Online Quote Help Me?
Getting an online credit card quote would not only show you the actual amount of interest that you would have to pay after the introductory scheme is over, but it would also let you know if there are any other charges being levied on you, such as administration costs, insurance, and any penalties. With all these “surface charges” as well as the “hidden costs” right in front of you, it is possible to compare the credit cards offered by different companies and choose the one that gives you the best overall deal.
But merely getting an online credit card quote does not ensure you a secure financial future. In fact, this is just the beginning of a chain of worries! Once you have that credit card in your wallet, all promises of “using it only for emergencies” are forgotten! And very soon you find yourself spending more than you earn and buying things you can’t afford! That’s when you’ll need an online credit card debt consolidation quote!
Credit Card Debt Consolidation – What’s That?
Remember, for every $100 of shopping you do with your credit card, you are paying an additional $14-$25 every year on it as interest, till the time you have cleared off that amount from your credit account! And that is not all. If you are late for any payment, you have to pay massive penalties too. All this combined together soon puts your credit card debt beyond your scope of control. That’s the time you should look for a credit card debt consolidation quote.
You can amalgamate all your various credit card debts into one consolidated loan account. There are several debt management companies which provide such credit card debt consolidation services and even have their presence on the internet. All you need to do is search for some such websites and fill up an online loan application, requesting for an online credit card debt consolidation quote.
Once you get a credit card debt consolidation quote from several different firms, you should compare their terms, rates and services offered to find out what suits you the best. See which one can save you the maximum number of bucks on your debt burden and get you the most convenient repayment schedule. Also look for testimonials from other consumers before finalizing on one.