Bad Credit Credit Cards

Written by Blake Hendrickson

Continued from page 1
account and on your account statements. The card issuer also must discloserepparttar "periodic rate" -repparttar 148901 rate applied to your outstanding balance to figurerepparttar 148902 finance charge for each billing period. Some bad credit credit cards allowrepparttar 148903 issuer to change your APR when interest rates or other economic indicators - called indexes - change. Becauserepparttar 148904 rate change is linked torepparttar 148905 index's performance, these plans are called "variable rate" programs. Rate changes raise or lowerrepparttar 148906 finance charge on your account. If you're considering variable rate credit cards,repparttar 148907 issuer must also provide various information that discloses to you: thatrepparttar 148908 rate may change; and howrepparttar 148909 rate is determined - which index is used and what additional amount,repparttar 148910 "margin," is added to determine your new rate. Atrepparttar 148911 latest, you also must receive information, before you become obligated onrepparttar 148912 account, about any limitations on how much and how often your rate may change. Free Period. Also called a "grace period," a free period lets you avoid finance charges by paying your balance in full beforerepparttar 148913 due date.

Choice Credit 318 3rd. St. East Roundup, MT 59072 US

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Administrative Contact: Hendrickson, Blake 318 3rd. St. East Roundup, MT 59072 US

What the Bank Won’t Tell You About Mortgage Refinancing

Written by Paul Ashter

Continued from page 1

Along with understanding your own financial situation, understandrepparttar terms being offered byrepparttar 148868 bank. The bank does not want you to “readrepparttar 148869 fine print” because you might find something that you don’t like, and they would have to change it, or get a new customer. All aspects ofrepparttar 148870 new loan have to be made available to you. Again, allrepparttar 148871 information about your loan is made available. You, asrepparttar 148872 customer, just have to seek it. Most customers simply look overrepparttar 148873 terms of a new loan briefly, merely focusing onrepparttar 148874 interest rate. They then sign onrepparttar 148875 dotted line. Simply “skimming”repparttar 148876 terms of a loan is never a good idea. Banks won’t tell you, but it is always a good idea to understandrepparttar 148877 loan more intricately than evenrepparttar 148878 bank itself.

Refinancing a mortgage is a large financial commitment. It is important to be as informed as possible on all aspects of your own finances andrepparttar 148879 deal offered inrepparttar 148880 loan. Banks do not what you to know that they are required to provide allrepparttar 148881 information to you. Also, as your financial advisor, they are obligated to offer information, but not required. However, when asked directly, if they lie to you, they can be in a whole world of trouble. Knowledge isrepparttar 148882 single most important thing to have when refinancing. If you know what to watch out for when refinancing, and what banks have to tell you, then you will haverepparttar 148883 upper hand. Havingrepparttar 148884 upper hand will allow you to refinance your mortgage in a way that is best for you financially.

Paul Ashter writes about personal finance, and specializes in information concerning mortgage refinancing.

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