Credit Card Companies

By William Blake

There are very few people who do not recognize the benefit of having a credit card. If you have ever been in a situation where you need to purchase something but do not have the funds available, you know what an asset a credit card is. Having a good credit card with a good company is important. You wan to be with a company that will provide good service for their product and be there for you in all aspects of your finances.

Selecting a Credit Card Company

When you are shopping around for a credit card, you should make sure that that you look into a few things before you settle on one. With a few tips, you will be sure to choose the perfect card for you and your needs. Some things that you need to pay attention to are the percentage rates, the annual fees, and the amount of credit the credit company is willing to lend you. If you take all of these things into consideration, then you are the right track in picking a credit card.

The Importance of the Interest Rate

The percentage rate on your credit card is going to be the amount of interest you are charged for unpaid balances. If you are someone who pays off his or her debt as soon as the bill comes in, then you really do not have to worry about this. However, if you need a little more time to pay off your bill, then you want to make sure that you get a low percentage rate. The higher the percentage rate, the more money you will end up paying in the end.

What Is an Annual Fee?

Good credit cards have no annual fee ? the amount charged annually for the privilege of having the service. Some credit cards have annual fees of up to $100, and some even higher. If at all possible you want to obtain a card that has no annual fee and save yourself that extra money.

At times an annual fee means lower interest rates. This could prove to be worth it should all factors must be considered when making the decision.

About the Author:

Tire of barely keeping up with your credit card debt? Learn how to deal with excessive credit card debt on the Debtopedia website. Visit http://www.debtopedia.com for a free copy of my "Secrets Of Credit Card Debt" report.

Drivers Recommended To Take Out A Loan Before Buying A Car

By Mark Dawson

A cheap loan could be an effective tool for motorists trying to strike a good deal when trying to get a new set of wheels.

This was the advice given by Alliance & Leicester which states that obtaining a cheap loan can be a efficient bargaining tool for drivers requiring a brand new vehicle. In getting the instant financial backing offered by this type of credit, it was suggested that people might be in a better position to haggle with car tradesmen quickly and effectively as they are now able able to make an immediate purchase and drive the automobile off the forecourt on the same day. This could also mean that not only do people negotiate a significant discount on a car but the financial services company commented it might also assist in landing 'extras' for their vehicle such as cruise control, an mp3 player or extended warranty.

Indeed, not only could getting a quick car loan help motorists in purchasing the vehicle of their dreams, the financial assistance which is provided by borrowing in this way could also help people to keep tabs on additional constraints on their spending.

Mark Boyle, personal loans manager for Alliance & Leicester, said: "Having the money to hand means motorists can concentrate on buying at the best price, without being enticed into taking out pricey vehicle dealer fund that can see them lumbered with double-digit interest rates. It might also swing things in the buyer's favour when thrashing out a deal for part-exchanging an old motor. Getting finance arranged before going shopping for cars is essential if you want to hold the balance of power in negotiating a good deal."

He also added that as a car is usually one of the most expensive items they will purchase, it is good practice for people to carry out some "research before heading to the showroom and be prepared to haggle when you are there. It could save you hundreds of pounds or more". The personal loans manager additionally reminded that those on the search for a vehicle may well be likely to find themselves in "a battle of wills with the salesman", as the car salesman will be wanting to sell at the best price, while it is necessary for the buyer "to side-step the patter and make sure they do not pay over the odds".

Additionally the company advised those searching for a new car to make sure that they look out for any hidden costs - such as number plates, administration costs and delivery charges - which they may have to meet. Taking the car for a test drive was also recommended to ensure that there are not any problems with the vehicle before making the final purchase.

Those wanting financial help with purchasing a vehicle may want to bear in mind getting some car finance allowing them to bargain with car salesmen on obtaining a good price on their dream car. And in obtaining a cheap car loan, buyers might find that they may well be left with easily affordable repayments to make. This might be especially helpful for women as a recent Experian report showed that 40 per cent of females feel that the initial outlay needed is a major consideration when buying a new car.

About the Author:

Mark Dawson writes for the Loan Arrangers. Where visitors can compare cheap loans online, and apply for the best rate secured loans, and UK tenant loans available to them.