Scribd Logo
Upload

Welcome to Scribd!

  • 960 views

    Apply For A Creditcard

    Uploaded by

    paulo
    This document provides information and tips for applying for a credit card. It discusses that many people apply for credit cards for financial management or in preparation for large expenses. However, it is important to research credit card terms like APR, fees, and balance computation methods before applying so you understand the costs and obligations. The document recommends familiarizing yourself with different card types, comparing options, and then applying for the card that best fits your needs. It stresses understanding terms like APR, grace periods, annual fees and how balances are calculated to avoid surprises once approved.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd

    Apply For A Creditcard

    Uploaded by

    paulo
    960 views1 page
    This document provides information and tips for applying for a credit card. It discusses that many people apply for credit cards for financial management or in preparation for large expenses. However, it is important to research credit card terms like APR, fees, and balance computation methods before applying so you understand the costs and obligations. The document recommends familiarizing yourself with different card types, comparing options, and then applying for the card that best fits your needs. It stresses understanding terms like APR, grace periods, annual fees and how balances are calculated to avoid surprises once approved.

    Original Title

    Apply for a Creditcard

    Copyright

    © © All Rights Reserved

    Available Formats

    TXT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides information and tips for applying for a credit card. It discusses that many people apply for credit cards for financial management or in preparation for large expenses. However, it is important to research credit card terms like APR, fees, and balance computation methods before applying so you understand the costs and obligations. The document recommends familiarizing yourself with different card types, comparing options, and then applying for the card that best fits your needs. It stresses understanding terms like APR, grace periods, annual fees and how balances are calculated to avoid surprises once approved.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    960 views1 page

    Apply For A Creditcard

    Uploaded by

    paulo
    This document provides information and tips for applying for a credit card. It discusses that many people apply for credit cards for financial management or in preparation for large expenses. However, it is important to research credit card terms like APR, fees, and balance computation methods before applying so you understand the costs and obligations. The document recommends familiarizing yourself with different card types, comparing options, and then applying for the card that best fits your needs. It stresses understanding terms like APR, grace periods, annual fees and how balances are calculated to avoid surprises once approved.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    You are on page 1of 1

    What You Need To Know to Apply for a Credit Card

    One of the disadvantages of modern times is that people tend to acquire so many
    things they don�t really need. Numerous gadgets and services occurred targeting a
    vast market of consumers and this emergence of various inventions somehow blinded
    people.

    Since finances�especially money�is one of the major concerns of many people, a wide
    array of financial management services and financial options emerged. One of the
    most visible among the unending line of financial management services there are is
    the credit card.

    Although many people testify for the financial convenience you get when you apply
    for a credit card, it doesn�t mean that every financing convenience applies for you
    or for everybody in that matter.

    When people apply for a credit card, there is always a reason. It can be for
    managing their finances, needing extra money or in preparation to a big
    expenditure. But, no matter what the reason is, people apply for a credit card
    because of the ultimate convenience it brings. By now, you may have had your share
    of �pre-approved� credit card offers in your virtual and physical mail. Since
    people are quite vulnerable when they apply for a credit card, some credit card
    issuers lure these people by giving low introductory APR, no annual fee offers
    among numerous perks. The tendency of this so many alternatives and �value� deals
    is to sway the person who wants to apply for a credit card.

    There are undeniably endless lists of pros and cons when you apply for a credit
    card, but if you really have decided to apply for a credit card, these are some of
    the helpful tips that can guide you on your credit card shopping journey.

    Actually, there are three easy steps you should follow if you have decided to apply
    for a credit card. First, surf the net and do some research on credit cards. By
    doing this, you can familiarize yourself with different credit card terms and
    types. Second, you can compare numerous credit cards that would best serve your
    needs and lastly, you may now apply for the credit card of your choice by filling
    out a credit card application by visiting a bank representative or through online.

    In order to find the right credit card fast and easy, first, before you apply for a
    credit card, make sure you mastered the credit card terms. When you apply for a
    credit card you must know what a �credit card� really is. Being a form of borrowing
    that involves charges, credit cards usually have underlying credit terms and
    conditions affect your overall cost. So, it�s best to compare terms and fees before
    you apply for a credit card and agree to open an account. Some of the important
    terms to be understood well include the annual percentage rate or the APR.

    When you apply for a credit card, you must know how the APR affects your credit
    account. Being a measure of the cost of credit expressed as a yearly rate, the APR
    should be disclosed before you apply for a credit card so that you would not be
    obligated on the account and on your account statements later on. Aside from APR,
    the periodic rate must be disclosed to the card holder before they completely apply
    for a credit card so they would have an idea of their outstanding balance and
    finance charge for each billing period. Other important terms to know before you
    apply for a credit card are free period or �grace period,� annual fees, transaction
    fees and other charges, other costs and feature, and balance computation method for
    the finance charge like average daily balance, adjusted balance, previous balance,
    and two-cycle balances. If you�re not that type of person who is patient enough to
    research on all these terms, make sure that before you apply for a credit card, the
    issuer will give an explanation how the balance is computed and it must appear on
    your monthly billing statements.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy