This may come as no surprise, but three out of four Americans hate financial planning. Many of us like to dream about things such as buying a new home, traveling to different places, sending our children to college, or even retiring early. Unfortunately, the reality of financing those dreams often prevents many of us from living them out, which may explain, in part, why so many people hate financial planning. With some patience, planning and discipline, you can achieve some if not all of your dreams, and at the same time, feel better about yourself and your money!

Finding Low Interest Credit
by Jakob Jelling


Getting low interest credit to finance your home or car, or to get a low interest credit card requires that you have good credit. Bad credit can disqualify you from many loans and from securing low interest rates.

It is important to find low interest when getting a credit card. Low interest credit cards can save you a lot of money over time. A great number of bankruptcies are declared each year because of overwhelming credit card debt. Low interest credit cards can help you avoid such a situation.

You can find low interest credit cards by shopping around. Conducting your search on the Internet can help you browse through the wide variety of credit card choices available.

You may have seen many advertisements for low interest credit on the TV or newspaper. Many of these offers require a person to have good credit. Sometimes low interest credit card advertisements may only state the introductory rate. The introductory rate is only applicable for a stated period of time and it will increase after the period has expired. Therefore it is important to find out what the long term APR is on any given credit card. The introductory rate can be as low as 0%.

Low interest credit cards can be great to transfer the balance from your old credit cards. This means you will end up paying a lot less interest on your balance. Make sure that your low interest credit card accepts transfers and find out if there is a transfer limit.

Low interest cards may not have many additional offers and rewards on purchases. Low interest credit cards are best for those people who normally carry over a balance each month.

Some low interest credit cards may offer a grace period of about a month. A grace period is a period of time for which you do not get any additional charges levied on if you fail to pay the bill.

When searching for low interest credit cards, it is also important to be aware of the fees associated with using the credit card. These fees can include annual fees, transfer fees, approval fees, etc.

If you have increased your credit score from the last time you got a credit card, you can apply for a new low interest credit card. A credit check can let you know if you are improving your credit score.

Low interest credit is also beneficial to financing your home, automobile and similar items. To get low interest car loans, it is beneficial to search online. Low interest home equity loans can substantially decrease your monthly payments. Find out your credit rating before you search for a loan. Next you can locate the average interest rates for people with similar ratings. This way you will know when you are getting a good deal.

If you have run up your debt to an unmanageable amount, you can seek debt reduction services to bring it under control. One way to reduce your debt by lowering your interest rates is to seek debt consolidation. Debt consolidation allows you to pay off your loans through one low interest credit loan.

A debt consolidation service can help you find low interest credit. Debt consolidation usually allows you to get a secured loan to finance your unsecured loans. A secured loan is a low interest credit loan since it is backed by collateral.

One way a debt consolidation service can help you is by re-mortgaging on your current home. Re-mortgaging includes finding low interest credit loans to substitute for your current mortgage. By getting this better deal, you will end up saving a lot of money on interest payments.

About the Author Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.