38 ordspråk av Robert McKinley
Robert McKinley
That's where the consumer can take advantage of the low interest-rate environment.
|
The bottom line is these offers are a marketing gimmick. If you get an offer in the mail, it's important to read the disclosure box very carefully.
|
The future doesn't look bright for store cards,
|
The trend this year has been to raise rates because of the increasing number of defaults among consumers,
|
The trend this year has been to raise rates because of the increasing number of defaults among consumers.
|
There are a few scenarios where it could make sense. If you have the right rewards card, or if you use your rewards well, you may get a value that's worth considerably more than the cost.
|
There are fees. You may have a balance transfer fee or a convenience fee, and the interest starts right away and the interest rate typically on those checks is very high. Nineteen percent or higher.
|
There are sort of give backs with those low rates.
|
There seems to be a more chastened consumer here. They don't mind using their cards. They just don't like paying interest -- that seems to be out.
|
There's a lot of unbelievable offers out there that sound too good to be true. A lot of consumers sign up for these deals and don't even realize when they get something different.
|
There's been a fee frenzy, ... (A wide range of charges) have been beefed up.
|
They are a concern to a lot of consumers because there is an open check with your name on it.
|
They'll only be limited by what the market can bear.
|
Vote with your feet, ... Do more comparison shopping. Know what the fees are. Read carefully, and if you don't see something you like, go elsewhere.
|
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things.
|