CREDIT & DEBT SPOTLIGHT


Credit Cards

Before You Apply for That Card ...

Credit card companies lure you in with promises of free air miles and superlow interest, then blindside you with rate increases and paltry rewards.

So, how can you tell the good credit card deals from the bad? First, find out what these companies don't want you to know.

SMARTMONEY SHARES SECRETS

What is your credit card company really thinking? If you could read its mind, you'd see thoughts like this:

· Screw Up! We're Waiting ...
You can make your card payments religiously, but fall behind on your electric bill and we'll hike your interest rate. Rates can change on short notice, from low and reasonable to 25 percent or more.

· Our Rewards Aren't Really 'Free'
Rewards are a way for us to target big-spending niche audiences. But these programs often come with hidden catches, such as exorbitant interest rates and high annual fees.
· See More Credit Card Secrets

More Credit & Debt
· Cons of No-Late-Fee Cards
· New Threats to Your Credit Score
· 10 Debt Consolidation Myths

      Basics for Credit Cards

        Debt Management Tools & Calculators

        Sometimes, the first step to solid debt management is a plan. Get organized with these debt management calculators and tools.

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