Low interest rate credit cards can help free up room in your monthly budget... you can pay off your debts faster with extra principal payments, and more quickly eliminate your debt altogether.
Overland Park, KS (PRWEB) May 09, 2012
TopConsumerReviews.com has released their ratings for the best Low Interest Rate Credit Cards available today.
Low interest rate credit cards charge lower APR fees on purchases than traditional credit cards. With lower interest rate fees, consumers can better meet their monthly budget constraints and potentially afford additional principal payments to pay off their credit cards faster. Large purchases can also be carried on a credit card without the risk of paying four to five times the cost of the item over the course of paying off the balance.
How to choose the right low interest rate credit card? Typically, a strong credit score and payment history are requirements for a low interest rate credit card. When looking at these types of credit cards, consumers should consider a variety of factors. Some of these include the interest rate charged, penalties for late payments, annual fees, and any reward benefits. Independent credit card reviews are a good source to help consumers sort through the various low interest rate credit card offers.
“Low interest rate credit cards can help free up room in your monthly budget,” explained Brian Dolezal, of TopConsumerReviews.com, LLC. “Low interest rate credit cards are an excellent way to carry a credit card balance more affordably. Typically, a person must have a good credit history to qualify for a low interest rate credit card. If you qualify, you can take advantage of lower monthly minimum payments, which will take a smaller bite out of your monthly expenses. Since your budget takes a smaller hit, you can pay off your debts faster with extra principal payments, and more quickly eliminate your debt altogether.”
To find out more about low interest rate credit cards, including reviews and comparison ratings, please visit the Low Interest Rate Credit Cards category of TopConsumerReviews.com at http://www.topconsumerreviews.com/credit-cards-low-interest-rates/.
TopConsumerReviews.com is a leading provider of independent reviews and rankings of hundreds of consumer products and services. From the best cash advances and credit repair services, to top debt relief programs and the best home security systems, TopConsumerReviews.com delivers in-depth product evaluations in order to make your purchasing decision easier.