Credit Card Offers

Here is some useful information when considering all those credit card offers.

Know what a teaser rate is. A teaser rate is an introductory rate which is used to acquire new customers. Teaser rates generally only last 3-6 months. After the teaser rate expires make sure you know what the regular rate will be.

Teaser rates often apply only to new purchases. If you are trying to eliminate debt by utilizing a new card with a lower rate the temptation to purchase be work against you.

If you are transferring balances utilizing the teaser rate is an excellent way to save money. But, you have to know when the introductory period is going to expire and what the regular rate will be. The new rate may end up being higher than your current card and you may end up loosing the money you saved during the teaser rate period.

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YOUR Personal Guide to Real Estate