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All About Credit Cards 101 -- Worthwhile Great Tips Now

We are all wainting for the day when debt will be magically erased from all our reports.

Some folks call it the coming of Jesus, but I name it the coming of the debt-eraser. Yes, I'm obviously being stupid right now, but how exciting would this be? We'd all surely call this person a saint of some kind. I am sure I'd plaster his/her face across my living room wall in a 30/40 frame.

At this point I'd even be very pleased if my credit card debt was banished. The relief would be beyong measure. Speaking of those little plastic devils, how much do you presently owe on yours? I swear these suckers should come with the numbers 666 written across the front. Just as a fair warning to all who use them. Please, someone bring on the interest free credit cards. The globe would be a much better place.

I was Christmas shopping the other day. After all, this is the season to be cheerful, right? Well, how in the heck am I supposed to be cheerful when I know that my credit card is going to charge me some ridiculous interest rate every month? Every time I whip the thing out, I cringe with a tentative twinkle in my eye.

I don't like to use the darn thing, but , you hardly have 20 other options if you're broke from paying bills. It's not like you can just dismiss the notion of getting presents for your loved ones. That wouldn't go over so well. Of course this wouldn't be an issue at all if one had a few interest free credit cards.

But, where in the world can you find these? Well, I'm pleased you asked. You can indeed find interest free credit cards, but like always, there is usually a catch. They're generally interest free only for balance transfers, and this only lasts for 12 months from the date you have the card. So don't plan on getting interest free credit cards that apply to purchases. Make sure to read the fine print on the back of each document/pitch you receive in the mail. The purchase interest rate is normally HIGH, and the cash-advance one is always worse.

I just recall the only time I encountered true interest free credit cards. It was back toward the beginning of university. I was presented with a few interest free credit cards with 0 APRs on purchases. They only had 200 dollar limits and if you exceeded the limit, your interest rate was terrible. Other than that, these desirable credit cards stop to exist.

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