Lovely credit card, huh? You know, the future credit card, it would not john, but you that will show up on your own's credit card.
A poor thief stole your credit card and used it to buy some drinking in a shop, the shop owner checked the credit card and compared with that thief, and shouted out: You must stole this credit card because it was so ugly on the credit card, it must not you!
LOL, joking.
I have told you how to buy a house with low credit score or bad credit score, now I will tell you how not to pay ARP for a credit company. (The credit company will hate me, lol)
You might have noticed the ARP on the first line of this blog: cheap credit card. When you click it, you will find a secret.
You know what is a secret? A secret is something you don't know but I know.
You find this secret? OK, let's continue...
The ARP is the money you have to pay to the credit card company each year. Easy?
But for some company, most of them in fact are using compounding interest rate, meaning, they will add the interest to the next months, so you will have to pay more than the fixed interest rate.
Have no common sense of the interest rate? OK some figures.
If you don't pay your credit card each month, and the interest will add up to nearly $150 for every $1000 that you have purchased.
So my suggestion is:
Don't pay your credit card until you get the bill. Then you would hurt a lot and will finally learn to pay credit card on time. :)
