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What Is a 0 APR Credit Card?
Its like the search for the Holy Grail. Before the days of King Arthur and the roundtable of Camelot, people have hunted for this holy relic and its promise of eternal life. Just the same, consumers the world over have searched for their lives for the holy grail of the credit card world: a card with 0 annual percentage rates, or no interest at all. Such a card could provide eternal shopping, and a life without fear of debt.
The reality of the situation, however, may be slightly different. Dont get us wrong. A card with 0 annual percentage rate is a beautiful thing. It allows you to carry debt on the card without fear of swamping your finances with interest payments. On the other hand, the 0 annual percentage rate is not a free ride to spend to excess. After all, most of these 0 annual percentage rate, or 0 APR cards, have a time limit. The carriage, so to speak, eventually turns back into the pumpkin, and then you could be left holding the bag with a maxed out credit card and a new APR of, say, 22 percent.
So, what exactly is a 0 APR credit card? Is it such a great deal anymore, or should you not chase after the holy grail? It depends, as with any great decision. If you plan to be making a lot of heavy purchases soonsuch as to decorate a new houseyou may want to find yourself a 0 APR card, but do so with the understanding that you must be able to pay that baby off when the 0 annual percentage rate special wears off.
Dont just jump at any 0 annual percentage rate card, though. There are always other considerations to make when youre on the market for a new credit card. For instance, how widely is the new card going to be accepted. If you travel a lot, this is important to know. MasterCard and Visa are the two most widely accepted brands of cards on the market, with 17 million and 16.2 million locations respectively.
And of course, every credit card now has a rewards program. What sort of rewards programs would suit you bestone that involves cash back and discounts on every purchase, or would you rather earn points toward travel and other prizes? Plus, no matter what the rewards are, compare the ratio of earned points to dollars spent. The higher this ration, the better the rewards program is, no matter what the rewards are.
Lastly, check the fees on these 0 APR cards. Is there an annual fee, a cash transfer fee, late fees, stiff penalties, etc.? These also could help you make up your mind about the card.
Logbook loans: Convenient and cost effective monetary assistance
For a change, you will always look forward to achieve a certain degree of comfort in to your life. This is where; you feel the pang of financial crisis, as the money required is not just available with you. However, if you do own a car, then there is a way through which you can attain the funds needed to fulfil your demands. In that case, you can seek the assistance of logbook loans, which are crafted for the sole purpose of assisting you.
Logbook loan as a matter of fact are offered to you against viable terms, which makes it easy to you to source the funds without having to face too many hassles. Moreover, it does not really matter, if your credit score is not up to the mark, as applicants with multiple credit defaults too can get hold of the loans. Even then, to a certain extent, your repaying capability and present prevailing circumstances is assessed, even before the desired loan amount is sanctioned.
The logbook of a car contains information pertaining to the ownership details, the year that the car was manufactured and bought, it engine and chassis number and other aspects. Based on these details, an amount in the range of £500-£50000 is released for a repayment tenure that spans over a period of 5-7 years. The interest rate charged is slightly higher, but minimal rates can be derived on undertaking a detailed research of the loan market. Besides, do make sure that you repay the amount availed within the stipulated time period, otherwise extra charge is levied as penalty and it adds more burden.
You can make use of the loans to meet expense on needs such as consolidating debts, paying for medical bills, going for a vacation, wedding expenses and so forth.
Loans against car can be best derived by making use of the online mode. Online application results in quick approval; due to fast processing. Moreover, by comparing the free rate quotes, you can very well get access to suitable offers and that too with relative ease.