110 ordspråk av Greg McBride
Greg McBride
If you apply to too many cards, it may raise red flags to lenders.
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If you carry a balance, your focus should be on credit cards with the lowest interest rates.
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If you have a 30-year investment horizon, you should be pursuing higher returns than you can get on a Treasury.
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If you have an adjustable-rate mortgage poised for an increase any time in the next two years, you are standing on the train tracks with the bright lights bearing down on you.
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If you have to sell in an environment of rising interest rates, you could sell it substantially below what you paid for it.
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In a rising interest rate environment, there's very little justification for holding on to credit card debt. It should almost always be the primary focus of your debt reduction efforts.
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In that case, you are easily looking at a 9-month, maybe a year, interest penalty.
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Interest rates are coming off of 45-year lows.
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It pays to shop around, because it can mean the difference between half of one percent or 4.5 percent on your money. You can?t afford not to because you?d literally be leaving money on the table.
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It sounds like nickel-and-dime stuff, but it adds up to real money.
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It's a fairly insignificant risk.
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It's a game of cat-and-mouse in many ways. But there is a line that banks are reluctant to cross, and it's one where they alienate customers because of fees.
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It's a much better deal for someone who thinks they'll be in their house for, say, only eight years.
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It's decidedly less attractive now.
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It's not the highest rate, but it's very competitive.
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