I am looking for the most straightforward company w/o any tricks. My credit is good and I plan on paying it off each month if I use it. If you've had good luck or a horror story I would appreciate the info.
2007-01-16 13:37:45 · 8 answers · asked by Vlasko 3 in Business & Finance ➔ Credit
If you have an excellent credit rating, it will be easier to find a card with a decent credit limit and no annual fees,membership fees and other hidden fees. Just a plain Visa or Mastercard are the best. There are so many forms of these cards though you must watch out and read all the terms of agreement.
Not to long ago, some card company, contacted me and they used Visa's name but it was a card that had a limit of $7500.00 with no credit or employment checks. They wanted me to give them a check by phone for $159.00 which I refused to do until they sent me out the information in the mail. I went on the website they told me to go on, USA shop card.com and nothing came up. A company such as this gives you a credit line for products THEY SELL. What I know and most people don't know is whenever you buy a product, the purchaser should get at least 50% off the Manufacturer's Suggested Retail Price. What this card company did was charge the full MSRP and charge more for products hence-forth making all their money.
My Dad runs a Dental Equipment business and this involves buying products over the telephone by using a credit or debit card. He told me he tried to pay for a certain order with a Discover card and the company he was ordering from would not except that brand of card.
I use a debit card because it is handy, and when I'm out of money, I know I have spent enough for the month.
2007-01-16 14:06:56 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Don't pay it off every month! Check Google for Statute of Limitations Debt. It will give you mostly American stuff broken down by state, so if you live another country you should type in Statute of Limitations Debt Lithuania, or whatever. You'll probably find out that if you hide out for 3 to 6 years, depending on your location, you don't have to pay anybody anything, and credit reporting companies only go back 7 years. Now the bad news. Student loans guaranteed by the U.S. government are immortal.
2007-01-16 22:42:10 · answer #2 · answered by Anonymous · 0⤊ 2⤋
Since you plan on paying your balance off every month, you should definatley get a "benifits" card. All major companies have them, and you can pick what will best fit you (cash back, airline miles, gift certs etc). Choose one with no annual fee, and the reward that best fits you. Interest rate is usually higher on the cards, so pay your balance off each month.
2007-01-16 21:59:42 · answer #3 · answered by Scott B 3 · 0⤊ 0⤋
I have had a lot of luck with Chase and AMEX. The only horror story I have is with Best Buy. They don't work with you and the interest is awful.
2007-01-16 21:44:13 · answer #4 · answered by ←Shea→ 4 · 0⤊ 0⤋
I love my Wells Fargo mastercard. Pays 1% cash back and the customer service is great. They let you go over your credit limit if need be and they will refund the overlimit fee if you call them
2007-01-16 21:47:16 · answer #5 · answered by Lighthearted 3 · 0⤊ 0⤋
If you have good credit stay clear from capital one, try chase or citi. Good Luck
2007-01-16 21:41:47 · answer #6 · answered by Anonymous · 1⤊ 0⤋
With with citicard, they have the best rewards, and low interest.
But there pretty much all the same, go here to compare them
http://www.bestcreditrates.net
2007-01-17 02:45:00 · answer #7 · answered by shahab a 1 · 0⤊ 0⤋
try chase. when you have your card for a while, if you call and are persistent, they can knock the rate down to like 8.7%
2007-01-16 22:02:07 · answer #8 · answered by Jen 5 · 0⤊ 0⤋