Archive for the ‘Finance’ Category
June 25th, 2011 | 
Author: When shopping for credit cards, scrutinize the terms and conditions. In this way you know for sure that the deal will be well covered with fine print that is legal. You should also scout for deals that are transparent. You should spend some time with friends, relatives and acquaintances who have already invested in the free balance transfer facilitated cards and those that offer really low rates of interest applicable during repayments. Always double check on the low interest. Check and see if it is really so, or if there are any hidden charges that make the ‘low’ go away onto the other side of the pyramid…right on top that is. A no interest and low interest should specially be checked out for loopholes.
Many fraudulent companies also exist in the fray, so be careful. They make these tall claims only to spring surprises later. Also ensure that all the features and special offers the representatives in real time and the websites flaunt are also available in writing in the fine print of the cards. In this way you will safeguard your own fiscal interest in shopping for the card. Like in real time, you should be very cautious online too. Make sure you know everything about your card very well before signing on the dotted line. Do not hesitate to ask or enquire directly with the credit service provider before closing a deal. It is your money that is going to payback the credit availed.
So be careful and exercise your right as a client. It is a right to know everything pertaining to the fine print. Don’t get carried away with zero balance transfer credit cards. Even when you receive the card for the first time and get the PIN, you should verify the deal via the claims made in the cover letter and welcome package. In this way you know you are safe. Never take anything for granted, especially anything orally communicated. Many a times the free balance transfer cards that are supposed to carry the balance transfer do not stress on the ‘zero balance’ you need and you end up with a card that does not serve the purpose.
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