May 14
Believe it or not the interest on my auto loan is higher than my credit card. (~12% for auto loan compared to ~10% on credit card). I owe approximately $5000 on each. Common sense would say to pay on the higher interest first. However, are there other factors I should consider such as how often the interest is compounded?
Both interest rates are fixed. Sorry forgot to add that.
Tagged with: Auto Loan • Common Sense • Interest Rates
May 10
Most people make transactions by cash at shops eventhough they have credit or debit cards. Making transactions trough credit cards is much more easier compared to cash payments. Then why do people prefer using cash payments at shops?
If it is due to the interest rates then why don’t they use debit cards which doesn’t have any interest?
Tagged with: Debit Cards • Interest Rates • Trough
May 10
I have a $600 limit student Bank of America credit card. Some people tell me the best way is to pay the card balance in full at the end of the month and others tell me it is best to leave a small balance (like around $5)because the interest rates is what eventually improves the score.
Tagged with: Bank America • Interest Rates • People
Apr 28
I have 3 major credit cards and I’m in a rough situation right now were I can’t make payments on them. What can I do to stop the interest rates? And also I’m way over my credit limit now! What should I do?
Tagged with: Credit Cards • Credit Limit • Interest Rates
Apr 28
We have Metrobank, HSBC, Citibank, BPI, BDO and a lot of others that provide credit card services in the Philippines. But which of them offers the best interest rates, credit limit, promos, perks, discounts, benefits, rewards, features and other stuff?
Tagged with: Bpi • Credit Limit • Interest Rates
Mar 17
As far as I know, credit cards involve paying interest rates to the bank wich costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit cards ?
Tagged with: Cards Free • Interest Rates • People Cards
Nov 28
I am looking for a website to find low interest rate credit cards with fixed rates and no annual fees? Are their any suggestions as to where to look on the web for these companies?
Tagged with: Interest Rates • Low Interest Rate Credit Cards • Rate Credit Cards
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