The goal is to educate people about seeing credit cards as a financial product.
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County Down, UK (PRWEB) October 10, 2008
With the current crises sending more people into credit card debt than ever this amazing story now includes the full details of how to beat high credit card interest rates.
CreditCardWinner.co.uk, the true story of one man's battle with debt and the people who put him there, now gives a step-by-step guide to refinancing, balancing your debt and dealing with lenders.
The site also offers the free spreadsheet used by Mike Thompson during his years of struggling with over £60,000 of debt so you can work out exactly how much you owe and how to repay it. Users can also compare the current market of credit cards online. The free comparison tool lets them make apply for an application right away
"The majority of people don't realise they can move their credit card balances around in such a way that their interest repayments will drop by thousands of pounds," said CreditCardWinner.co.uk founder Mike Thompson. "My transfers technique can cut their apr and repayment terms by as much as thirty years and dramatically improve their cash flow instantly."
There have been many websites which tell you to switch the balance of your credit card to another lender but they don't explain the full details of why and how to take it a step further which is where the real savings can be found.
The site also includes free advice on talking to lenders, how to complain and what to do when your debt gets out of hand.
"The goal is to educate people about seeing credit cards as a financial product." Mike Thompson said. "There is never a good time to be in bad debt but credit cards are a financial product to be used for people's benefit, not a chain around their ankles."
CreditCardWinner.co.uk is the website of Mike Thompson, an entrepreneur who was thrown into debt by the slow response of bank officials. Since clearing his debt of over £60,000 he has spent his spare time advising others on how to manage credit card debt on a one-to-one basis and via his website and very popular blog.
For more information contact Mike Thompson of CreditCardWinner.co.uk at (UK) 07899 894205.