Credit Card Tricks
...so I saw the re-run of the "debt-diet, part 5" on Oprah last week. That guy on the show said there's even a credit card that offers 0% for 5 years! I said to myself - "I need one of those!" lol!
So off I am to search for that card on computer...never found it. You know how things go - one thing leads to another on the internet. I found myself on some consumer action site that lead me to do a search: " Credit Card Tricks ".
Now a LOT of these I was aware of, but some of them were news to me! For example - shopping for a car loan or mortgage can increase your cc APR!!! Paying off in full every month can raise your APR! How about the "Musical Address"? (I noticed that happened to one of mine a year or so back - It USED to go to a neighboring state, and suddenly it was going across the country!)
I haven't read all of them, but here's a few I did read for starters:
There are more: Do your own search, and see what pops up. It's pretty alarming.
Which info is most alarming to you?