Tag Archives: paying
Taking Charge of Your Zero Interest Credit Card
The biggest names in the credit card industry like American Express, Discover, Citibank, and First USA among others are taking the market by storm with their zero interest credit cards. For people who enjoy an excellent credit rating, zero interest credit cards are a good choice. Not having to pay the additional interest rate on your outstanding balances is undoubtedly a great deal. However, this doesnt mean that you, the card holder, can sit back and relax on your debts. In fact, with a zero interest credit card in your hands, all the more you need to be in control.
Caution: Zero Interest Credit Cards Can Mislead You
Anyone who plans on getting a zero interest credit card should be aware that a single delay with your payment can cost you to lose the interest-free period and get stuck with a much higher rate. So before you get all too excited in applying for the first zero interest credit card you see, ask yourself, are you really ready to take on the challenge? Can you really commit to paying your credit card balances on time all throughout the zero interest period? Can you finish paying off all your balances within that zero-interest period? If not, switching to a zero interest credit card will not be a good idea.
If you answered yes and youre really determined to get off from your credit card debts by paying your monthly balances on time, then great, grab the opportunity that a zero interest credit card offers. But take your time in choosing. Dont judge a credit card deal based on the zero interest alone. Be a wise credit card shopper and examine all other costs associated with every credit card youre considering. Read the fine print no matter how lengthy or how small the letters are. The real costs of your credit card are all disclosed in your credit card agreement.
Also, dont forget to check on your credit report before actually sending out your application. Credit card companies do give out offers to just about anyone, regardless of whether theyre eligible for the offer or not. But getting denied after submitting your application will only damage your credit score all the more. So, dont expect an approval unless youve personally checked on your credit report. If youre sure that you have good credit, thats the only time you should submit your application.
Taking Charge Of Your Credit Card
After going through the choosing and finally getting approved, whats next? Be prepared to take on your responsibility. Pay off as much as you can each month so you can get off from your credit card balance at the soonest possible time. You have to beat the zero interest period before it expires.
It is a good idea to have your credit card repayment plan set up even before you get a zero interest credit card. If the zero interest period runs for 12 months, make it a goal to finish paying off your balances at even less time. For instance, complete your payments within the next 10 months or even less than that if you can.
Lastly, taking charge of your credit card means being in control with your own spending. If you keep charging new purchases on your other credit cards while trying to repay your old balances, youll certainly have a more difficult time keeping up with your payments. So take charge. Know your limits. If you must use your credit card to avoid closing your account, use it only for small charges that you can easily pay off on your next due. Bear in mind that a zero interest credit card will only work if you know how to use it to your advantage.
The How to Guide With Astrive Student Loans
Getting an education is one of the best ways to increase your income. Paying for it might be one of the most important lessons you learn. Astrive Student Loans can be the answer to your increasing your income through education. Let’s talk about what you need to apply for an Astrive Student Loan.
First you have to be at least 17 years old. You need to have a college or university picked out, and you need to plan on attending at least half time. Your desire to get ahead is respected by Astrive Student loans and if you have worked at the same job for at least 2 years, and have established credit for 21 months you are well on your way to achieving academic success.
If you have not worked and established your own credit but you want to go to school then think about finding someone who would be willing to co-sign your loan. It is important that they have good credit so your plans can move forward. Creating a loan with a co-signer will make you responsible for the payments and help build your credit, and the good credit of your co-signer will be rewarded by Astrive Student Loans with lower rates and fees. The security of a good co-signer can help keep your costs down, making it easier to pay back your loans, and even speed the loan process up.
Depending on the school, and how many credits you are taking you could be eligible for as much as $40,000 per year with a minimum of $1,500; with a life-time cap of $130,000. Astrive Student Loans charge no additional fees to acquire the money you need to further your education. They do want you to start thinking about repaying the loan right away and have many options for doing so.
Many students choose to utilize the money during their education, and begin paying back the loans after graduation; remember you have to be in school at least half time to put off paying your loans until graduation. If you choose to begin paying the interest while you are in school you will avoid creating interest on the interest. The smartest way, especially if you work, is to begin paying the loan back immediately, which will save you money in the long run and start creating good credit right away.
Around 20 years seems to be about the maximum time to payback your student loans, with a minimum payment between $20-$30. There are no penalties for early payment, and in fact early pay-back is encouraged. Paying back this loan will yield you better money than a savings account; in the long run. Interest rates are variable. So to recap you want to go to college. College will increase your income. You are at least 17, and a United States Citizen. You have a good co-signer or a job for the last 2 years and 21 months of good established credit.