Apply for a credit card

Thursday, January 24, 2008

Credit Card FAQ

Q: From where i can get a cheap credit card?

A: There are lots of credit card companies which offers you various types of credit cards. Compare them and go with the one that suits you the most. Actually, credit cards can never prove to be cheap but you can choose the one with low interest rates and with no annual or monthly charges. All this will depend upon your good credit score.


Q: Can i use gift credit card for doing online purchases?

A: Yeah, it depends upon the type of gift card used by you. If you have any retail store gift card then you can use it only on their own website. But if your gift credit card
has a logo of visa card or master card then you can use it anywhere either online or on the store.


Q: What should i do to clear up my credit card debts?

A: You must consult the debt reduction companies, or the financial adviser, debt counselor about your credit card debt problem with details. He will help you in the matter. He will tell you about Debt Management Plan or Debt Consolidation Loan to clear up your debts. You can also contact with National Debtline services(0808 808 4000) or Consumer Credit Counselling Services(CCCS)(0800 1381111) for getting help.


Q: Can someone tell me about prepaid credit cards?

A: Prepaid credit cards are just like any credit card having logo of master or visa card and can be used anywhere. There are a lot of companies that offer Prepaid credit cards like Greendot, Walgreen's, Western Union and more. You can easily find Prepaid credit cards with no annual fees, no late fees, no repayments, and no penalties etc.

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