Friday, August 7, 2009

Is this a good sign?

I have a credit card for 2 month going to 3, and since i applied for this credit card, i have been getting tons of offers from other companies and i want to apply for one of these offers because the credit card i currently have has a high apr and they took money from me so they can set a credit card limit...and when i cancel this credit card, they give me my money back...what should i do?



Is this a good sign?consolidation loans





If you see other credit cards out there with better short term and long term arrangements than the one you currently use, you should definitely go for it. Just try to avoid opening a bunch of different ones without closing out anything you currently have that you don%26#039;t want.



Is this a good sign? loan



Carefully check the terms and conditions of the credit card issuer before you apply. If the conditions of the alternate card is better, then apply for a new credit card. You may cancel your existing card once your new card is activated.



Maintain a maximum of three credit cards from different issuers ( Two is preferrable ).|||You only need two cards, one is VISA and the other is MasterCard.



Apply for the cards that has no annual fees and low interest rate.



Never keep a balance. Never take cash advance from credit cards. It is very expensive.



Capital One seem to have some very good deals. Take a look at it.



Some credit card companies offer 0 to 2% if you transfer your credit card balance. It sounds good, but you should still consider other factors. As you know, the guaranteed low rate is only good for 3 to 6 months.



Remember: NEVER KEEP A CREDIT CARD BALANCE. CHARGE ONLY WHAT YOU CAN AFFORD TO PAY WHEN THE BILL COMES.|||This seems like a good sign but to me it just means that the cc people have your address and want you to get more cc%26#039;s.



Don%26#039;t cancel your cc%26#039;s - having a few open accounts with no balances is better for your credit rating than having those accounts closed

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