Robert McKinley
Robert McKinley
clean mess
If someone rips you off, it's a real mess to clean up.
few rewards scenarios value worth
There are a few scenarios where it could make sense. If you have the right rewards card, or if you use your rewards well, you may get a value that's worth considerably more than the cost.
cut offset possible rate today
So it's possible that any rate cut today could be offset by a bump-up in pricing.
biggest christmas consumer expenses minimum paying payment
Making the minimum payment ... is probably one of the biggest expenses any consumer can make, ... You can end up paying for this Christmas for years to come.
cards moved
Many of those fixed-rate cards haven't moved at all this year.
billing built charge form
Many issuers have a charge back form built into the monthly billing statement.
balance checks fee interest nineteen percent rate starts transfer
There are fees. You may have a balance transfer fee or a convenience fee, and the interest starts right away and the interest rate typically on those checks is very high. Nineteen percent or higher.
backs low sort
There are sort of give backs with those low rates.
given pay product sure
Just pay attention. Make sure you're not given a product you don't want.
credit environment hit looking sorts strain
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things.
comparison vote
Vote with your feet, ... Do more comparison shopping. Know what the fees are. Read carefully, and if you don't see something you like, go elsewhere.
last percent rates seen zero
You can get zero percent rates that last as long as a year. We've never seen anything like this before.
In the short-term, you're probably not going to see much of a change.
largest looking transfer
If you're looking to transfer a $5,000 balance, you need to look to the largest issuers.