Robert McKinley
Robert McKinley
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.
check concern consumers name open
They are a concern to a lot of consumers because there is an open check with your name on it.
accounts adding qualify
Pulaski only has 32,000 accounts and is only adding 1,000 new accounts a month. About one in 100 applicants will qualify for it.
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.
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.
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.
cut offset possible rate today
So it's possible that any rate cut today could be offset by a bump-up in pricing.
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.
bells carry consumers drawn interest programs rate reward swayed worth
Don't be swayed by bells and whistles, like reward programs or miles. A lot of consumers are drawn to these, but if you carry a balance, the interest rate may not be worth it.
carry credit good
It just makes real good sense to carry more than one credit card.
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.
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.
fee range wide
There's been a fee frenzy, ... (A wide range of charges) have been beefed up.