Best Low Interest Credit Cards

CREDIT Question this question was asked by somebody here hwo deleted it but it will help most other ppl so her

toocool4skool asked:


Tell me is this a good strategy or what? One my my friend’s dad, started building a good credit history since he was 18. He would always pay the bills on time and by the time he was 30, banks started to give him about 18 000 of credit limit in each card. Not only that but to his luck he kept the same job for 25 years. So banks were glad to give him high credit because they knew he was reliable. So what he did was pay the minimum payment every month (never missed one), and he rotates the debt between low interest rate credit cards lets say 4.9%. So he has $18 000 on one card, $9 000, $20 000 on another so on. To this day he has never gone bankrupt and keeps paying on time. So when he dies his kids have no liability, only thing thie bank will take thier house and car. Not only that but he also has a life insurance policy which would be granted to his wife if she’s still alive or thier kids.

WILEY

Posted in Low Interest Credit Cards | 1 Comment »

I asked my credit card company if they could lower my interest rate and they said no? Why?

LAD asked:


I’ve never been late on a payment.
I’ve had the card for over a year. I’ve never been late on a payment. My balance is very small. (The interest rate now is 15%).

ELLY

Posted in Low Interest Credit Cards | 10 Comments »

Does anyone have information of H&K Financial (HKdebtsolutions.com), is it legit or a scam?

nanook asked:


They say they will work to get lower credit card interest rates. My bank nor my credit card company seem to know anything about them.

DEE

Posted in Low Interest Credit Cards | 2 Comments »

Getting a Credit Card?

Jake-89 asked:


i am planning to get a credit card with $2000 inside. I am 19 and my income is $850/month and i have NO expenditures as all my expenses are covered by my uncle and mom..I already have my accounts in a bank .This will be my first credit card from this bank with very low interest rate (7.9%). Do i need a co-signer only for the first time i apply for credit card?

KURTIS

Posted in Low Interest Credit Cards | 4 Comments »

does it hurt your credit to close out long standing credit cards in good standing? If so why?

Ms. Kitty asked:


I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on your credit report for 10 years and keepin the old card open whould make your debt ratio higher. Can someone explain this to me?

ARNITA

Posted in Low Interest Credit Cards | 6 Comments »

credit card debt and consolidating or transferring the debt?

Stan asked:


i have around $10000 in credit card debt. the ridiculous thing is, my interest rate has steadily gone up to almost 30%!!

i need some better options here, because the debt is not going down, and i’m just making interest payments every month.

if i were to apply for another credit card with a lower interest rate, and the transfer the debt to this new card… is this a viable option?

does anyone have other suggestions?

thank you
by the way, i only have one credit card.

TAMMY

Posted in Low Interest Credit Cards | 4 Comments »

I have a question about a high interest credit card. Can u give me advice?

happydawg asked:


I have been paying off my credit card debt over the last 3 yrs. I paid off my Discover card to a zero balance yesterday. I paid off Chase to a zero balance in February and the only thing left is a Bank of America card with a high interest rate of something like 22%. I dont know how it got that high, but nevermind that, I am going to pay it off. The balance on the card is $2900. My plan is to pay it off just like I did the others by paing $700 a mo until its all paid in full which I figure will make it paid in full by August if all goes well.
Should I switch it to a lower interest card, or do they all have hidden fees? Is there a such thing as a lower interest card with no balance transfer fees?

JAMILA

Posted in Low Interest Credit Cards | 6 Comments »

Who do you talk to or write to negotiate a lower rate of interest on your Credit Cards?

John S. asked:


If you go through the “front door”, i.e. a toll free Customer Service number, you get a lower level employee who typically does not have the knowledge or authority to grant a lower interest rate. They may pass you to someone else, but then you sit on hold, get disconnected, get someone’s voice mail who never calls back…You know the drill. They place LAYERS like this between you and the person you need to talk to in order to get your interest rate reduced.

I believe there are laws — Uniform Commercial Codes — that define USURIOUS rates of interest which are supposed to be illegal. Yet somehow, today’s credit card companies find ways to get around that, typically through fees and add-ons.

So if you have a rate of interest that has gone up to 29.9% and want to negotiate lower, you can call in a 3rd party, yes. But is there a way to go DIRECT to the credit card company by letter or phone call? Who to contact? What is appropriate law to cite? Thank you in advance for advice

ROMAN

Posted in Low Interest Credit Cards | 4 Comments »

What should one look for when trying to get a credit card? Low intro rate, Low ongoing rate?

christianTX asked:


Help me out with the terminology. I want to get a credit card, but don’t know what to look for. What is APR? and the other terms they use & how does the credit score develop?
By the way, I don’t have credit history. Is this necessary when trying to get a credit card. What percentage should I look for an ongoing rate?he

DEANGELO

Posted in Low Interest Credit Cards | 7 Comments »

A 17-year-old sinks the GOP?

titou asked:


What is WITH these people — first Joe Biden’s history of false statements and plagiarism. Now it turns out that Palin’s daughter is well on her way to delivering a love-child: exactly against just about any Republican claims of standing for “Family Values”.

Intelligence right up there with the certitiude of Sadam’s WMD’s that have got us 3000+ killed and our budget spent for a useless military occupation. (If that was ever the real reason for the invasion, which I doubt.)

This would be the equivalent of some auto dealership manager completely wrong abouit his own inventory he wants to sell. You can’t run a car-lot that way — and now one of the guys who chose these bads of dirty laundry is going to run the country? Time to vote with my feet like I did when Nixon was re-elected. I would, too, except i bought those “low-interest” credit card deals from the banks after 9/11 killed in South Florida where I lived at the time and now have debt I can’t pay off!!!
Ah, so it “doesn’t matter”? Strange viewpoint from those who espouse Family values as a platform. Also, the story was front page news in both the News and the Post in NYC, whose OpEd pages are as “Conservative” as you can get. So it seems to matter to those folks who are spokesmen of the GOP viewpoint.

My question is not about the rightness or wrongness of the girl’s predicament, but of the party vetters who apparently missed this. And yes, poor intelligence DID take us into Iraq, causing all the loss of life and other catastrophic results.

LAINE

Posted in Low Interest Credit Cards | 12 Comments »