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You Better Shop Around

A favorable-rate credit card isn't just going to walk up and bite you on the bottom. You need to shop around to find the best deal, just as you would do with a new car or a mortgage. This page from the U.S. Federal Reserve gives you the knowledge you need to acquire the credit terms you want. The page defines credit card terms and describes the various ways card issuers calculate interest and finance charges. You'd be amazed how much you can save by simply shopping around for the best deal instead of settling for the first offer that comes along.

Tue, 25 Jan 2000 07:30:50 -0800