Questions to Ask About a Home Equity Product Questions to Ask Before Getting a Credit Card

Credit Cards: Understand Your Needs

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Think about how you plan to use the card. Ask yourself when you expect to pay for all that you charge-by the due date each month or over several months? This is a crucial question. Many Americans carry a balance on their credit card and pay interest on it each month. Yet many of these same people chose their card because it has no annual fee, without considering whether they could get a better interest rate on a different card. In the long run, they could pay far more in interest than what they save by not paying an annual fee.

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