The best credit card offers on the internet

The best credit card offers on the internet - Surfing on the internet. I bet you do it almost everyday. What do you do on the internet? Shopping? News reading? This is opportunity to use the internet find the best credit card offers and you can move your card to low one if you have a chance. How much do you really save by transferring balances from one card to another? It’s easy to illustrate that if your currently pay for credit card debt at 18% interest rate between the lower one at 8%, you will save 10% - over 50% save in this case.

Before you start to find the best credit card, you have to learn some basic about credit card - all loan variables and fees in order to make an accurate comparison. Note that you must pay debt on time for at least 6 months consequently and there are no fees for balance transfer. Remember that all money is the same no matter who Iend it to you. Therefore, the only difference between lenders is the cost of the loan. Cheapest is correct.

The following is full illustrate for make you clearly about it.
If you leave the balance on the 19.8% card and make 6 monthly payment of $60, the amount owed after the 6th payment is $2934.
Another way is that you paid off only $66 of the original principal ($3,000) in 6 payments of $60. You can view that as only one payment going toward paying the principal, and the other 5 payments being the fee. After all, it cost you $360 (6x$60) to pay off $66 of that loan. This means only 18% of the payments went toward the loan and the other 82% of payments were fees. How’s bad?
Now let’s see what happens it we take advantage of the 5.9% offer for the 6—month trial offers. If you transfer the $3,000 balance to the 5.9% card for 6 months and continue to pay $60 per month, your balance after 6 payments is $2,725!

In this case you paid off $275 of the loan which means that 76% of the $360 in payments went toward the Ioan principal, while only 24% went to fees. Great reduce from the first.

So let surfing on the internet to get rid of credit card debt.

Source from: eliminate credit card debt story