How to Save Money Thanks to your Credit Card Decision
A credit cards worth to the consumer can be decided by the rate of interest it offers. However, there are other features that the credit card shopper looks out for while shopping for a card. One such thing is what is known as a balance transfer credit card. These are cards that are designed to consolidate the credit card holders credit card debt onto just one single card. This enables the holder to save money on interest charges. A common feature with such cards nowadays is that they now charge a low introductory APR rate of interest on balance transfers on credit cards.
Credit Card Companies: We Are in Trouble
The credit card industry has been hit hard by the economic crisis and many credit card issuers are starting to take stock on the impact on the industry. Visa Inc is one such company and in the light of changes in the industry in the form of the credit card reform act, the Visa chief Joseph Saunders has finally made public his opinion on the future of the industry. He was speaking against a backdrop of claims that the act will shake up the industry denying many people who are not creditworthy access to credit.
