Consumer Tips About the Best Credit Cards & Credit Card Offers

June 21, 2010 - PRLog -- An article, by Bernard P. Nelson, reveals how to evaluate credit card offers from the disclosure information that always comes with the offer, and provides a guide to understanding credit card disclosure. The article is titled, “Best Credit Cards: Consumer Tips About Credit Card Offers.” The article was recently published by Suite 101 Magazine.

Low Interest Credit Cards: Credit Report & Credit Score

Consumers are approved for low interest credit cards based largely on a good credit report and high credit score. The article provides links to additional information about how to obtain a free credit report and credit score.

Credit Card Debt

The annual percentage rate (APR) can be the same on four credit cards, however, the method used to apply the APR using different Average Daily Balance methods may result in four different cost amounts. The article provides an explanation about the four methods used to determine credit card costs, and which Average Daily Balance method is best for the consumer.

Credit Card Default

In August, 2010, most default charges will have a limit of $25 according to the article. Nelson’s article provides a link to the new rules, beginning on May 22, 2009, when the new Credit Card Act was signed into law.

To Read the Article Enter the Link Below:

http://consumer-responsibility.suite101.com/article.cfm/b...

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