Comments on: Zero Interest Credit Cards to Avoid http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/ Latest Credit Card News, Reviews and Information Sat, 30 Aug 2008 08:15:12 +0000 http://wordpress.org/?v=2.5.1 By: Jeff http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-77869 Jeff Thu, 31 Jul 2008 20:57:50 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-77869 Warning about Advanta!!! You right some good things about Advanta here, but I don't think you are taking all factors into account. Advanta does a great job of offering attractive terms, but you cannot ignore the fact that their operating policies are horrible and they'll screw you the first chance they get!!! Seriously, try paying one hour late with these guys. I mean it. If you get your payment in at 3:01 pm EST the fees and penalties will rain down on you like armageddon. They will raise your interest rate over 30% in an instant. You'll get every late fee, deliquency fee, and everything else they have in all their fine print. Call them and they'll say "It's in the agreement." So, your 0% for 15 months is hanging by a thread. Be careful you don't break the thread! You know what else is part of the agreement: the right to cancel the card any time. And that's what I just did! Warning about Advanta!!!

You right some good things about Advanta here, but I don’t think you are taking all factors into account.

Advanta does a great job of offering attractive terms, but you cannot ignore the fact that their operating policies are horrible and they’ll screw you the first chance they get!!!

Seriously, try paying one hour late with these guys. I mean it. If you get your payment in at 3:01 pm EST the fees and penalties will rain down on you like armageddon. They will raise your interest rate over 30% in an instant. You’ll get every late fee, deliquency fee, and everything else they have in all their fine print. Call them and they’ll say “It’s in the agreement.” So, your 0% for 15 months is hanging by a thread. Be careful you don’t break the thread!

You know what else is part of the agreement: the right to cancel the card any time. And that’s what I just did!

]]> By: Everything Finance http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-68017 Everything Finance Tue, 29 Apr 2008 15:58:18 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-68017 <strong>Carnival of Everything Finance: # 17...</strong> Welcome to the April 22, 2008 edition of Carnival of Everything Finance. We had over 110 really good articles submitted for this edition. Unfortunately I could not include all of them. I hope you enjoy reading these articles.... Carnival of Everything Finance: # 17…

Welcome to the April 22, 2008 edition of Carnival of Everything Finance.

We had over 110 really good articles submitted for this edition. Unfortunately I could not include all of them.
I hope you enjoy reading these articles….

]]> By: Carnival of Twenty Something Finances for April 21, 2008 — Money Under 30 http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-66382 Carnival of Twenty Something Finances for April 21, 2008 — Money Under 30 Mon, 21 Apr 2008 11:02:01 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-66382 [...] Mr Credit Card presents Zero Interest Credit Cards to Avoid posted at Ask Mr Credit Card’s Blog. [...] [...] Mr Credit Card presents Zero Interest Credit Cards to Avoid posted at Ask Mr Credit Card’s Blog. [...]

]]> By: Deni O'Quinn http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-58254 Deni O'Quinn Tue, 25 Mar 2008 22:44:01 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-58254 Thanks!! I found this information very helpful and something to consider very seriously. Thanks!! I found this information very helpful and something to consider very seriously.

]]> By: Tip Diva | Carnival Of Tips - March 22, 2008 http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-58144 Tip Diva | Carnival Of Tips - March 22, 2008 Mon, 24 Mar 2008 02:08:23 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-58144 [...] Mr Credit Card presents Zero Interest Credit Cards to Avoid posted at Ask Mr Credit Card’s Blog. [...] [...] Mr Credit Card presents Zero Interest Credit Cards to Avoid posted at Ask Mr Credit Card’s Blog. [...]

]]> By: Tim http://www.askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-56203 Tim Fri, 29 Feb 2008 12:08:01 +0000 http://askmrcreditcard.com/creditcardblog/zero-interest-credit-cards-to-avoid/#comment-56203 I think it is more a function of people becoming delinquent after the promo ends rather than losing money from people BT hopping. The percentage of arbitragers and people who can still hop from 0% to 0% is very small. most people will be stuck at higher interest rates and become by default sticky customers, because most people don't have the wherewithal to pay off the promo before it ends. I think it is more a function of people becoming delinquent after the promo ends rather than losing money from people BT hopping. The percentage of arbitragers and people who can still hop from 0% to 0% is very small. most people will be stuck at higher interest rates and become by default sticky customers, because most people don’t have the wherewithal to pay off the promo before it ends.

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