0% interest rate credit cards still exist

Even though credit card companies are lowering credit limits and even raising interest rates for their current customer for one reason or another, there will always be other credit card companies looking to sign up new customers.

If you are one of these customers who have maintained a great payment history and it reflects in your FICO score and experian, transunion, and equifax credit reports, then definitely explore your options to get the best rates for yourself. There are a ton of credit card companies who offer 0% interest rates that are good from 6 months to a year. I am still aware of one card issuer who still offers 0% for 15 months.

Another great reason for getting cards with lower interest rates is saving money. If you carry a balance, this is a great way to save money every month and help pay down balances faster.

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Credit card videos

There is a ton of information about credit cards on the internet. It is sometimes difficult to read and understand the terms of agreement that come with credit cards. Most of them are basic and are intended to protect the credit card companies.

The credit card agreement is a contract that allows the credit card issuers to charge off the account (write off the credit card debt) for non payment, transfer or sell the card to another bank or card issuer, change the terms and conditions, as well as sue you for default or breach of contract.

The video below helps explain financial terms to help you understand better how your credit cards and other loan products work.

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