marzman Posted June 3, 2008 Posted June 3, 2008 funny guy Im sorted now... my work buddies have shown me the way! 15months 0% on purchases & balance transfers... i didnt even know what that meant an hour ago! I'll be getting one when the website is up!! Quote
H5 Posted June 3, 2008 Posted June 3, 2008 Just got a new credit card today in post Me too with a HUGE limit , But no car to spend it on If it's that huge, buy a car! Quote
Chris`I Posted June 3, 2008 Posted June 3, 2008 Just got a new credit card today in post Me too with a HUGE limit , But no car to spend it on If it's that huge, buy a car! +1 - or shut it Quote
marzman Posted June 3, 2008 Posted June 3, 2008 Cheers Zummerator - thats the site my work mates have just been on with me... and the financial habits question makes a lot of sense. Quote
N15MNO-Daron Posted June 3, 2008 Posted June 3, 2008 crapper.. just dont get into massive credit card debts.. so easy to fall into the trap. Also when they offer u free interest on "balance transfers" DO NOT use the card for any purchases.. cos sometimes the small print has different terms for purchases.. for example they may state "payments to the card pay off the lowest interest amounts first" hence any purchases made on the card will be cleared LAST after the interest free balance transfer amounts..so youl be stuck paying interest every month for those purchases until the entire balance is cleared !! Make sure they offer u same interest free period of time for both balance transfers and purchases! god thats a mouthful.. but Virgin mastercard screwed me on that one in past.. thought id pass on the experience Quote
marzman Posted June 3, 2008 Posted June 3, 2008 crapper.. just dont get into massive credit card debts.. so easy to fall into the trap. Also when they offer u free interest on "balance transfers" DO NOT use the card for any purchases.. cos sometimes the small print has different terms for purchases.. for example they may state "payments to the card pay off the lowest interest amounts first" hence any purchases made on the card will be cleared first before the interest free balance transfer amounts..so youl be stuck paying interest every month until the entire balance is cleared !! Make sure they offer u same interest free period of time for both balance transfers and purchases! god thats a mouthful.. but Virgin mastercard screwed me on that one in past.. thought id pass on the experience Cheers pal - crafty that isnt it, although thats how they stay in business i guess. Quote
N15MNO-Daron Posted June 4, 2008 Posted June 4, 2008 Sorry i didnt explain that v well.. so this is the edited version: when they offer u free interest on "balance transfers" DO NOT use the card for any purchases.. cos sometimes the small print has different terms for purchases.. for example they may state "payments to the card pay off the lowest interest amounts first" hence any purchases made on the card will be cleared LAST ..after the interest free balance transfer amounts..so youl be stuck paying interest every month for those purchases until the entire balance is cleared !! Make sure they offer u same interest free period of time for both balance transfers and purchases! Virgin mastercard screwed me on that one in past.. i was paying interest on purchases for 9months!.. thought id pass on the experience Phil - Will u be going live this week? Quote
Chris`I Posted June 4, 2008 Posted June 4, 2008 If you dont understand the ins and outs O% interest on balance transfers or purchases, just dont get a credit card. Its far easier to not get into debt in the first place, than get out of it! Why do you think I've not bought anything from Phil in a few months Quote
IanS Posted July 14, 2008 Author Posted July 14, 2008 Reviving this....Phil - how's the website coming? Quote
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