Low Interest Cards Articles

For many young adults, a debit card is their first foray into plastic spending. Still, one can get by on a debit checking account for only so long; soon enough, establishing a credit history will become unavoidable for the budding consumer. Luckily, there are a number of attractive credit card offers available to pursue.

At its core, an APR (annual percentage rate) is the cost of borrowing money. With a personal loan, this includes interest as well as additional costs and fees. With credit cards, however, an APR works a little differently. Below is an outline of what an APR is, how the percentage rate is determined and why it matters when looking for a credit card to suit your individual needs.

When credit card bills start piling up, consumers often experience the feeling of drowning in debt, with no end in sight due to high compounding interest rates. Aside from the stress of juggling multiple card balances, high credit card debt can also have a negative effect on your credit score, which can create even more financial hardship.

In October 2019, total US credit card debt reached $1.088 trillion. That's an average of $8,500 per household. To better manage credit card debt, many consumers sign up for a second card, which can provide several key benefits.

Let’s face it, adulting can be hard. A big part of adult life is dealing with finances, which includes choosing the right credit card. Financial search engines like Fiona make the process easier, by allowing users to get matched with pre-qualified credit card offers from top providers!

If you need to smooth out your income, a credit card might be best for your situation. But a personal loan may have many advantages you weren’t aware of. 

Managing your credit cards takes discipline and attention to detail. But, we are not talking about your credit score — we are talking about your financial identify. Below, we’ve listed some tips on how to keep your credit card information safe from scams, hackers and the like.