Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Finance » Credit » Article
 

Choosing a Credit Card




By Devin Gilliland

Credit Cards are becoming an increasingly popular method of financing purchases. However, this has brought much negative press to accompany the inherent advantages. Why is this? First and foremost many are failing to comprehend the best-practice use of a credit card. This means only using it to finance purchases that you can afford to pay off in the short term. For those that follow this rule, credit cards work great. If you wish to complete a purchase that you cannot afford in the short to medium term then consider financing in the way of a bank loan which may offer a fairer rate, yet provide less flexibility in terms of repayment compared to a credit card provider.

Think Big

With a credit card provider bigger is almost always better. Why? Should you go with a bigger brand then they will be accepted in more countries, more shops and have a reputation to protect.

Terms

Terms and conditions provide a framework to your future relationship with your credit card provider. Through reading these carefully you can be sure that you do not breach these terms, you have a fair understanding of what to expect from your relationship, and you also know when your credit card provider is failing to follow the rules that they set.

Comparison

Something that is free for six months and then costs twice as much for the duration of the contract may not be a great option. That is why you have to sit down and think things through in real terms. In Real terms simply means thinking things through by comparison and calculation. Sit down, and consider how you intend to use your credit card, and calculate the charges you will incur with at least 3 options. You may be surprised by the results!

What does it all come down to?

When choosing a credit card it all boils down to, how much you are going to have to pay in the long-term for your level of spend and projected repayment periods. Why is the cheapest credit card different for different people? This is because when choosing a credit card there are different factors that have different weights depending on your usage habits.

As with all forms of financing credit cards can cause real worry and stress through those who fail to plan and consider how they are going to finance the money that they borrowed. That is why, before you complete a credit card purchase, always consider where the money is going to come from to pay it back.
 
 
About the Author
This article is written by Devin Gilliland publisher for credit-wisdom and jetclient.com

Article Source: http://www.simplysearch4it.com/article/46156.html
 
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/46156.html" as shown above and make it hyperlinked.



  Some other articles by Devin Gilliland
Secured Credit Cards
Credit card owners, the merchants or banks; everybody needs to be sure that every transaction is secure. For merchants, credit card transactions are ...

How to Choose a Credit Card
Before accepting one of the tempting offers that are coming in the mail, that urge the client to accept, thorough research is a must. The customer must find the best deal. As a credit card ...

How to Build Your Credit Card Rating
Almost everybody knows the main advantages of owning a credit card. Credit cards are used all over the world and they are the most popular ...

Credit Card Security
The credit card seems to be one of the most popular ways to make any kind of payment; it is easier to purchase goods or ...

Credit Card History
The credit card is the result of many merchant credit systems. It was used for the first time in the 1920s. The first credit cards ...

Credit Card Advantages
Payment through credit cards seems to be one of the best payment methods, especially for those shopping on the web. It looks like more than 60% of businesses are turning on web-based services geared ...

  
  Recent Articles
Debt Collection Agencies : Understanding a growth industry
by Martin McAllister

Five General Financial Habits That Can Raise Your Credit Score
by Dulce Azogue

Why Your Credit Score Is More Important Than You Realize
by Dulce Azogue

How To Start Fixing Your Credit Repair Ratings
by Tony Pescatore

Cheap Credit Card: Make It Possible…With Ease
by Josephine Wingfield

Violent Crime On Innocent Victims…Adds To The Victim's Woes…With Mountains Of Unpaid Medical Bills and Bad Credit
by Dale Rogers

How To Eliminate Credit Card Debt
by Tony Pescatore

Bad Credit Is No Longer A Taboo In Loan Market
by Turk Malloy

Poor Credit Does Not Debar You From Getting Secured Loan
by Aldrich Chappel

Credit Card Debt Management Gives Better Solution of Debts
by Ann Gibson

Bank On Your Future And Purchase The Car Of Your Dreams
by Christine Macguire

Business credit card: A new dimension for financing business
by Josephine Wingfield

Can't connect to database