One of the disadvantages of modern times is that people tend to acquire so many things they don\u2019t really need. Numerous gadgets and services occurred targeting a vast market of consumers and this emergence of various inventions somehow blinded people.<\/big><\/p>\n

Since finances\u2014especially money\u2014is one of the major concerns of many people, a wide array of financial management services and financial options emerged. One of the most visible among the unending line of financial management services there are is the credit card. <\/p>\n

Although many people testify for the financial convenience you get when you apply for a credit card, it doesn\u2019t mean that every financing convenience applies for you or for everybody in that matter. <\/p>\n

When people apply for a credit card, there is always a reason. It can be for managing their finances, needing extra money or in preparation to a big expenditure. But, no matter what the reason is, people want a credit card because of the ultimate convenience it brings. By now, you may have had your share of \u2018pre-approved\u2019 credit card offers in your virtual and physical mail. Since people are quite vulnerable when they try to get a credit card, some credit card issuers lure these people by giving low introductory APR, no annual fee offers among numerous perks. The tendency of this so many alternatives and \u201cvalue\u201d deals is to sway the person who wants a credit card. <\/p>\n

There are undeniably endless lists of pros and cons about credit cards, but if you really have decided to apply for one, these are some of the helpful tips that can guide you on your credit card shopping journey<\/a>. <\/p>\n

Actually, there are three easy steps you should follow if you have decided to apply for a credit card. First, surf the net<\/a> and do some research on credit cards. By doing this, you can familiarize yourself with different credit card terms and types. Second, you can compare numerous credit cards that would best serve your needs and lastly, you may now apply for the credit card of your choice by filling out a credit card application by visiting a bank representative or through online. <\/p>\n

In order to find the right credit card<\/a> fast and easy, first, before applying, make sure you mastered the credit card terms. When you apply for a credit card you must know what a \u201ccredit card\u201d really is. Being a form of borrowing that involves charges, credit cards usually have underlying credit terms and conditions affect your overall cost. So, it\u2019s best to compare terms and fees before you apply and agree to open an account. Some of the important terms to be understood well include the annual percentage rate or the APR. <\/p>\n

When you apply for a credit card, you must know how the APR affects your credit account. Being a measure of the cost of credit expressed as a yearly rate, the APR should be disclosed before you apply for a credit card so that you would not be obligated on the account and on your account statements later on. Aside from APR, the periodic rate must be disclosed to the card holder before they completely apply for a credit card so they would have an idea of their outstanding balance and finance charge for each billing period. Other important terms to know before applying for a credit card are free period or \u201cgrace period,\u201d annual fees, transaction fees and other charges, other costs and feature, and balance computation method for the finance charge like average daily balance, adjusted balance, previous balance, and two-cycle balances. If you\u2019re not that type of person who is patient enough to research on all these terms, make sure that before you apply for a credit card, the issuer will give an explanation how the balance is computed and it must appear on your monthly billing statements.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the disadvantages of modern times is that people tend to acquire so many things they don\u2019t really need. … <\/a><\/p>\n","protected":false},"author":1,"featured_media":22333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[],"ppma_author":[174],"class_list":["post-22332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cards"],"yoast_head":"\n