My little corner on credit cards for bad credit
Especially attractive consumers often get several offers in the mail every day. When you are given so many options, how do you decide which credit card offer is the best one for you? Start by ignoring most of the promotional offers. Those low, low interest rates are only introductory rates. After about six months, the honeymoon period ends and the interest rate shoots up to the real, double digit interest rate. Check the small print or the deliberately boring chart on the back of your credit card applications for the real interest rate.