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Finding a better rate
Filed Under (Credit Card, Debt, Inflation, Money Making, Recession, Savings, Stocks) by ravi on 24-12-2008
Even in todays economy credit problems still linger above our heads and progressively get worse. I was luckily able to find a good credit card while looking over Capital One Credit Cards at comparecards.com. I was able to find a great Capital one credit card that allowed me to take out a balance transfer at 0% APR for the first year which gave me plenty of time to pay off the rest of my debt at zero interest. I of course do not advocate having to take out balance transfers or look for a lower interest rate unless you absolutely have to. By all means pay off your bills when you have to and no later.
The great thing about comparecards.com is that you can search for Low Interest Credit Cards and Zero Percent Interest Credit Cards where you can help pay off any debt or even make money. One man was able to make a boatload of money through zero percent balance transfers by taking the money and putting it in a high yield online savings account. It does have it’s risk but you should look into the option if you need to make a little extra money this holiday season.