0 %Apr CreditCards, What Do You Know About it?

(0%Apr creditcard is a creditcard with an Annual Percent Rate of 0%.)

How many pieces of plastic do you have? Are you a credit card fanatic? You know, one of those individuals that acquire as many credit cards as possible? Now, first of all, this may get you into a serious financial bind. Sure, credit cards are a great way to deal with an unexpected expense, and can no doubt save your butt at times. However, these tricky little cards can also dupe you into spending carelessly. We all know their typical spiel. Those clever credit card companies know just what you want to hear. That's why your mailbox is consistently filled with offers for 0 apr credit cards. They love to pitch that; don't they? Let's face it; we all light up at the number 0. It immediately tells us that we won't lose anything. Ha, that's a good one. But, while these 0 apr credit cards start out benign, they soon turn sinister. Suddenly the apr is through the roof, and you're shelling out tons of cash for interest rates every month.

When you checked your mailbox today, were there any pitches for 0 apr credit cards? I'm going to go ahead and guess there was at least one. Now, the question is; are you going to rip it open and read the whole deal, or simply tear it apart and throw it away? Don't get me wrong, we all like to have a credit card or two in our wallets and purses. Those 0 apr credit cards can come in handy if we get in a bind. The trick is using it wisely. This basically translates as not using it unless you have to. And I mean have to! There's no reason to stick something on your 0 apr credit cards if you can already pay cash. Why grapple with the monthly credit card payment? Or maybe you're one of those rare individuals who pay their credit cards off completely each and every month. If you are, then many congrats to you. You're one of few. Although many of us, or probably most of us claim that this is how we will do it, we actually don't. Believe me, the credit card companies count on this. In the end, you'll probably want one of the 0 apr credit cards for some emergencies. The trick is staying strong and not using it for random shopping. If you are in search of current deals on 0 apr credit cards, then I suggest you get online. It's easy to pop open Google and do a quick search regarding 0 apr credit cards. However, be prepared, because loads of them are about to pitch to you.

What You Need To Know About Your Credit Report Information

Your credit report information can mean the difference between a "yes" and a "no" on your next large purchase, on your next charge card or even on your application for a mortgage. We pretty much know what details are listed on the tell-all expose of our debt history. The basic information includes name, address, telephone number, social security number and your date of birth.

Basic facts aside, there is more to your credit report information to consider. Many may not know that alias names are also listed on the sheet. Your former address or addresses are also included as are old telephone numbers. If you have an unlisted telephone number, it is still listed with the rest of your credit report information. Many people are surprised to find that unlisted phone numbers can be included in this document, but it is.

Another surprise that pops up is your employment history. This may not seem relevant or even fair but we have to consider the person’s capacity to make timely payments. In order to do so the employment history has to be included in the credit report information because the agency lending the money or the company providing the line of credit need to determine if the potential debtor has a stable source of income.

Some people are disappointed to discover that their applications are turned down simply because they have just started a new job. A person with little history included on his credit report information may not get a loan or a line of credit if he has only been working for a company for a few weeks or months. The person has demonstrated no stability and there is little else the creditor has to go by aside from payment history. If this is a first-time applicant, he may find himself out of luck.

Bankruptcies that are over ten years old are left off as well as debts that are over seven years old. This is the general rule, but it is a good idea to look into your history no matter what. Some old debts may still show up and bankruptcies may not disappear in a timely manner. It is always a good idea to check your credit report information for accuracy.

There are some things that are left out of your credit report information.
Your race, age and marital status are off limits to a prospective employer who is conducting a search on you. These items are not relevant to employment so these are kept private.