Business & Finance Credit

The Fine Print in Special Offers Have Strings Attached

All those credit card solicitations sound pretty exciting, especially when the headlines stating "no payments or no interest for two years", are written in HUGE BOLD LETTERS to get your attention.
But, in order to escape the credit trap these credit card companies have set up for you, make it a point to go first to the "fine print" section and read that.
The special offers, and their accompanying enticements ALWAYS HAVE STRINGS ATTACHED, and the main string is that the offer is only meant to last for a certain specified period of time.
The card companies are required BY LAW to reveal all of those strings to the public, but nothing says they have to draw your attention to them or point them out to you.
As long as they are present somewhere on or in the document, (which is the whole reason "the fine print" section came about), they are within the boundaries of the law.
It doesn't matter whether you can find it, or read it without a magnifying glass, you still need to be pretty well educated to UNDERSTAND IT.
The big words and legalities they use to trip you up can deceive even a financial expert.
That's why you need to "really" read the "fine" print in any offers the credit card companies send you.
Believe me, they have worded the document, in such a way, they are the ones that have the edge.
It's much like going to Las Vegas, thinking the odds are "ALL" in your favor, and are going to "take" the Casino for all it's worth.
As long as you know that, then you can make "sound" judgements prior to "signing" on the dotted line..
...
SHARE
RELATED POSTS on "Business & Finance"
Have You Heard About the Credit Card Bill Stimulus Package and How it Can Help You?
Have You Heard About the Credit Card Bill Stimulus Package and How it Can Help You?
Credit Repair Service - Is it For You?
Credit Repair Service - Is it For You?
The FTC Provides Resources To Help Consumers Get Out Of Debt
The FTC Provides Resources To Help Consumers Get Out Of Debt
The Short Cut to Credit Card Success - How Credit Comparison Tables Can Half Your Research
The Short Cut to Credit Card Success - How Credit Comparison Tables Can Half Your Research
Fix Your Credit Report Errors
Fix Your Credit Report Errors
Credit Cards with Zero Interest
Credit Cards with Zero Interest
How Business Credit Can Help in Growth of Your Business
How Business Credit Can Help in Growth of Your Business
The Mystery of Credit Card
The Mystery of Credit Card
A Bond Co-Signer's Rights
A Bond Co-Signer's Rights
Canceling Credit Cards and Credit Scores
Canceling Credit Cards and Credit Scores
Most Common Credit Repair Myths Debunked
Most Common Credit Repair Myths Debunked
Credit Counseling - Not Because You're Crazy, Either
Credit Counseling - Not Because You're Crazy, Either
Credit Cards For Poor Credit
Credit Cards For Poor Credit
Credit Card Approval - Some Simple Hints
Credit Card Approval - Some Simple Hints
Low Interest Balance Transfer Credit Cards - Is it a Great Deal Or is it a Trap?
Low Interest Balance Transfer Credit Cards - Is it a Great Deal Or is it a Trap?
Instant Approval Credit Cards And Why They Are Highly Beneficial
Instant Approval Credit Cards And Why They Are Highly Beneficial
Credit Card Debt Relief and FICO Scores
Credit Card Debt Relief and FICO Scores
The ‘80/20’ Rule in Ghana’s Banking Industry, is it Helping Us?
The ‘80/20’ Rule in Ghana’s Banking Industry, is it Helping Us?
Your Credit Card & the Interest Charges - Do You Really Understand the Interest Calculations?
Your Credit Card & the Interest Charges - Do You Really Understand the Interest Calculations?
3 Credit Mistakes That Can Ruin Your Credit Fast
3 Credit Mistakes That Can Ruin Your Credit Fast
How to Get a 740 Credit Score
How to Get a 740 Credit Score
Your Credit Report and Credit Score Explained
Your Credit Report and Credit Score Explained
Debt Settlement Claims - Take All Big Statements With a Pinch of Salt
Debt Settlement Claims - Take All Big Statements With a Pinch of Salt

Leave Your Reply

*