When choosing a credit card it’s crucial to pick one that fit your needs. Apart from being an effective way of obtaining credit, it allows the user the flexibility of spending their money sensibly and has become an indispensable tool for managing finances today.
Although Mastercard and Visa have been the leading credit cards for many years,
the Chase credit card has grown tremendously in popularity and is becoming the #1 choice for most people. The company also offers Auto and Gas cards, student cards, and travel cards.
The Chase credit card be beneficial in many ways, it’s very convenient for working and busy people. It’s perfect for people who do their banking online. Accounts can
be maintained, balances checked, and bills paid. All this can be achieved with a
few simple keystrokes.
A chase credit card allows a customer to purchase goods easily when they buy directly, over the phone, and even online. It’s the perfect card for people who travel a lot since it’s accepted all over the world.
Some other benefits offered by chase are: It offers a lot of processing options compared to other brands, it’s available in lots of places, and they help people
save money by offering enticing incentives such as low introductory rates and
waived membership fees.
Many Chase credit cards offer rewards programs. You earn travel miles for every dollar spent. Or reward points, which are accumulated and used to purchase gifts
from a Chase card catalogue. Once you have enough points request a gift and it’s shipped right to your door.
Many people because of the great customer service they provide choose Chase credit cards. Apart from the incentive programs they offer around the clock customer service. If a card is lost or stolen you can contact support and report it any
time, night or day, and they also have programs in place to help protect their customers from identity theft.
Some other benefits when you choose a Chase credit card? For up to six months
the APR is zero on balance transfers and all purchases. (You pay back exactly
what you borrow with no interest). This makes it ideal if you have high interest cards, you can pay them off and save a whole bunch of money.
Unlike other credit cards that charge an annual fee ranging from $20 up to $100
just to keep their card, Chase has no annual fee. They also have an interest
free grace period but to qualify you have to pay your bill in full every month.
Although Chase has a lot of advantages, it is still a credit card and you have
to make payments on the balance. If you’re late or miss a payment in the first
six months you lose the interest free benefit and it can also raise the APR for
the life of the card. So with this in mind before applying make sure you can
afford the monthly payment.
Friday, January 11, 2008
Saturday, December 8, 2007
Online Car Loans
Online Car Loans With A Specialist Website Always Work Out Cheaper by Louis Rix
Now you have found the car of your dreams all that is left to do is to find the loan of your dreams and ideally this would be a loan that has the lowest interest rate while at the same time offering you the very best deal possible. Although your ideal loan might be just a pipe dream if you have your head in the clouds, online car loans can work out to be the cheapest and come with the lowest rates of interest you could hope to find especially if you go with a specialist website.
A specialist website will be able to gain access to the whole of the car loan marketplace which means that no stone is left unturned when it comes to checking out the top UK lenders for the best deals possible and of course with the lowest interest rates possible for your circumstances.
Your personal circumstances do go a long way to determining how low the rate of interest will be for the loan, all lenders will take into account your credit rating before offering you a loan and this will go towards how much the rate of interest is offered. A good credit rating will secure you the cheapest rates of interest and a low credit rating will mean that you have to pay more as you are seen as a bigger risk. If you have a very low rating then you might need to search for a bad credit loan but again a specialist will be able to help you to get the best deal in online car loans.
You will have to decide from the outset how much money you want to borrow and of course how long you wish to take the loan over, the majority of lenders will give loans for anywhere between 1 and 30+ years but you do have to take into account that with the depreciation of cars you could be paying the loan and the car be worth a lot less by the time you have finished repaying and you also to remember that the longer you choose to take the car loan over then the more interest you will pay in total and if you have got your eye on a second hand model then the interest can seriously boost up the total cost of the car. You will have to decide how much you can afford to repay each month and then work out if the car will be worth the total cost, when paying a little more each month will keep the total cost down but you have to ensure that you can meet the repayments each month.
Online car loans always work out cheaper than going with high street lenders but you do have to take care when choosing which to take and ensure that you check over the key facts of the loan before signing as this is where you can find additional costs and find out how much in total the borrowing will cost.
About the Author
Louis Rix is a Director of NetCars, one of the UK's leading motoring websites. First established in January 2000, its mission is to become the number one site for used car searches. NetCars provide car finance and car loans.
Now you have found the car of your dreams all that is left to do is to find the loan of your dreams and ideally this would be a loan that has the lowest interest rate while at the same time offering you the very best deal possible. Although your ideal loan might be just a pipe dream if you have your head in the clouds, online car loans can work out to be the cheapest and come with the lowest rates of interest you could hope to find especially if you go with a specialist website.
A specialist website will be able to gain access to the whole of the car loan marketplace which means that no stone is left unturned when it comes to checking out the top UK lenders for the best deals possible and of course with the lowest interest rates possible for your circumstances.
Your personal circumstances do go a long way to determining how low the rate of interest will be for the loan, all lenders will take into account your credit rating before offering you a loan and this will go towards how much the rate of interest is offered. A good credit rating will secure you the cheapest rates of interest and a low credit rating will mean that you have to pay more as you are seen as a bigger risk. If you have a very low rating then you might need to search for a bad credit loan but again a specialist will be able to help you to get the best deal in online car loans.
You will have to decide from the outset how much money you want to borrow and of course how long you wish to take the loan over, the majority of lenders will give loans for anywhere between 1 and 30+ years but you do have to take into account that with the depreciation of cars you could be paying the loan and the car be worth a lot less by the time you have finished repaying and you also to remember that the longer you choose to take the car loan over then the more interest you will pay in total and if you have got your eye on a second hand model then the interest can seriously boost up the total cost of the car. You will have to decide how much you can afford to repay each month and then work out if the car will be worth the total cost, when paying a little more each month will keep the total cost down but you have to ensure that you can meet the repayments each month.
Online car loans always work out cheaper than going with high street lenders but you do have to take care when choosing which to take and ensure that you check over the key facts of the loan before signing as this is where you can find additional costs and find out how much in total the borrowing will cost.
About the Author
Louis Rix is a Director of NetCars, one of the UK's leading motoring websites. First established in January 2000, its mission is to become the number one site for used car searches. NetCars provide car finance and car loans.
Wednesday, December 5, 2007
Apply For A Car Loan
Before looking for a car loan the first thing you need to decide is how much you can afford to pay each month. Once the deal is signed and sealed it’s too late for regrets. You should sit down and figure out your monthly expenditures, allowing a predetermined amount for unexpected emergencies. Once this is done you should check around to see what’s being offered in your budget range.
Keep in mind there will be other expenses that come along with the purchase of a new car such as regular maintenance, things not covered by the guarantee like license plate renewal, oil change, tire replacement, and tune ups. Read the fine print, some dealerships require they do the required maintenance to keep the guarantee in effect. The last thing you want is a major problem only to find out it’s no longer covered.
Another important factor to keep in mind is the interest rate being offered, this can vary in range significantly and can effect how much your monthly payment will be and the final cost of your car. The monthly payment is also increased if a car is bought with zero down. If you can afford 10% or more as a down payment it will give you a lower monthly payment. The length of the contract can affect the final cost. The longer the contract the more you pay. In certain cases this can add up to hundred’s, even thousands of dollars.
The reverse is also true; you can save if you pay off the loan early. So what’s the best way to go? You could take out the loan for the longest period allowed, lowering the monthly payment and then pay extra each month. This way you have a payment you can well afford, pay extra when you can, and make the minimum payment if something unexpected comes up.
Besides banks there are plenty of other options to secure a new car loan. There are companies that are quite willing to give such loans at very competitive rates. Even more options are provided online. You just fill out the application and receive a quote with the amount of the loan, the interest rate being offered, and the monthly repayment plan. Some of the online companies will supply quotes from a number of different loan institutions allowing you to compare the value of each one.
Even if your credit isn’t so great, or considered bad, you can still apply for a loan. What you can expect under these conditions are higher interest rates. Someone with a good credit report may get a loan with 5% to 8% interest. With a bad credit report you can expect a 15% to 30% interest rate. Add to this a long-term loan, 5 or more years and you can expect paying double the amount or more of the cars original selling price.
So, what should you do before buying that new car? Compare interest rates. Get quotes, the more the better. Go online; find consumer reports about the cars you’re thinking of purchasing. Have there been any recalls or problems reported. The more informed you are the easier your choices become. It might seem like a pain in the butt, but doing your homework beforehand can save you a lot of money now and avoid headaches in the future.
Keep in mind there will be other expenses that come along with the purchase of a new car such as regular maintenance, things not covered by the guarantee like license plate renewal, oil change, tire replacement, and tune ups. Read the fine print, some dealerships require they do the required maintenance to keep the guarantee in effect. The last thing you want is a major problem only to find out it’s no longer covered.
Another important factor to keep in mind is the interest rate being offered, this can vary in range significantly and can effect how much your monthly payment will be and the final cost of your car. The monthly payment is also increased if a car is bought with zero down. If you can afford 10% or more as a down payment it will give you a lower monthly payment. The length of the contract can affect the final cost. The longer the contract the more you pay. In certain cases this can add up to hundred’s, even thousands of dollars.
The reverse is also true; you can save if you pay off the loan early. So what’s the best way to go? You could take out the loan for the longest period allowed, lowering the monthly payment and then pay extra each month. This way you have a payment you can well afford, pay extra when you can, and make the minimum payment if something unexpected comes up.
Besides banks there are plenty of other options to secure a new car loan. There are companies that are quite willing to give such loans at very competitive rates. Even more options are provided online. You just fill out the application and receive a quote with the amount of the loan, the interest rate being offered, and the monthly repayment plan. Some of the online companies will supply quotes from a number of different loan institutions allowing you to compare the value of each one.
Even if your credit isn’t so great, or considered bad, you can still apply for a loan. What you can expect under these conditions are higher interest rates. Someone with a good credit report may get a loan with 5% to 8% interest. With a bad credit report you can expect a 15% to 30% interest rate. Add to this a long-term loan, 5 or more years and you can expect paying double the amount or more of the cars original selling price.
So, what should you do before buying that new car? Compare interest rates. Get quotes, the more the better. Go online; find consumer reports about the cars you’re thinking of purchasing. Have there been any recalls or problems reported. The more informed you are the easier your choices become. It might seem like a pain in the butt, but doing your homework beforehand can save you a lot of money now and avoid headaches in the future.
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