Saving money - Know thy interest rate
Do you know what the interest rate is on your credit cards? How long would it take you to find out? Now is as good a time as any to know the answers to these questions. Why?
Well, maybe your introductory rate period is over or maybe that late payment from a few months back is the culprit, or perhaps the credit card company just changed their policy. Whatever the reason, there may be a chance that you are not paying the interest rate you think you are.
Keeping tabs on your accounts just makes sense. In some situations, rules and interests rates can change and the only way you'll know is by actively monitoring your accounts. Doing so can and will save you money should something happen behind the scenes that you are not aware of.
Take just 10 minutes this week and do this step. Then repeat monthly or quarterly. It takes very little effort but can save you a lot of grief should things change without your notice.
Well, maybe your introductory rate period is over or maybe that late payment from a few months back is the culprit, or perhaps the credit card company just changed their policy. Whatever the reason, there may be a chance that you are not paying the interest rate you think you are.
Keeping tabs on your accounts just makes sense. In some situations, rules and interests rates can change and the only way you'll know is by actively monitoring your accounts. Doing so can and will save you money should something happen behind the scenes that you are not aware of.
Take just 10 minutes this week and do this step. Then repeat monthly or quarterly. It takes very little effort but can save you a lot of grief should things change without your notice.
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