Too often we find ourselves at a stage in our lives that seems to be stagnant, that we are in a rut and not moving forwards nor backward. Our home life is ‘vanilla’ as the old saying goes and although we want to make a change and live a better lifestyle, the financial means just aren’t available.
You need help but not sure how or where to get it, taking a loan from the bank is not feasible as it would only add to your plate of pressure and no one needs that at any time in their life, so the next best option would be to get credit.
A credit card.
The great thing about applying and being accepted for a credit card is the fact that you are in control, you have the final decision on the amount you spend, payback, and what you intend to use it for. Maybe you just want to treat yourself to a spa day, or perhaps economic times have been a bit strained and you need a lump sum to keep your head above water till things calm down and get sorted. You may have even gone through a tough relationship and need a fresh start, something to look forward to and be motivated about again, a credit card can give you that sense of freedom to start over.
To see the pros and cons of the topic take a moment to click this link and see how it can not only add to your life financially but set the tone for future investments and purchases.
Is it worthwhile?
Many people are hesitant about getting a credit card but it is usually due to not having done enough research into it, the rates of interest that are possibly available to you, and the safety aspect of it.
A credit card allows you to build your credit score, as you spend the available funds and then pay off your installments in a timely fashion you show you have the responsibility to be given a large sum of money and to pay it back before or on time. This is then calculated against your ‘status’ in the credit bureau and your allowance is increased.
There are personalized and tailored cards suited for everyone, budget, and lifestyle, and as you pay for items and successfully manage your money you can earn either frequent flyer miles, cashback, or loyalty points to use within various establishments.
It is especially great if you travel a lot, you don’t pay foreign transaction fees when swiping and you are covered for credit card fraud and can commute safely knowing you are protected with travel insurance.
The list of positives can go on, see here for some plus sides of owning a credit card and how, if you need a helping hand, this could be the answer you have been looking for. We could all use a leg up at times, no matter the situation, and if a credit card opens that door for you then all the better.
How to choose the right credit card for you.
The main objective is to understand what you want the card for, are you looking to pay off the balance each month and start afresh, or do you intend to spread a large sum to pay back over a certain period? You need to write down the intentions, any incentives you would like to consider if the fine print allows, and your budget allowance.
Speaking to institutions and getting advice will give you a clearer indication of what you want. Ideally, you want a firm who is reliable and reputable and that has been in the lending business for years, they have the experience of offering and advising the best arrangements, and pride themselves in being a trusted corporation.
You want to build a relationship with a firm that has their customers’ best interest in mind, check out kredittkortinfo.no for a professional helping hand that will tailor a card to suit your needs and help you reap the maximum benefits potential.
Make sure you have covered all necessary questions or have answers to any queries you may have had, ask about interest rates dependent on repayments, and that you have the best value if you opt for those, in simple terms you need to do your homework.
A final thought.
The perks far outweigh the nay-sayers and when listening to what customers, who have built empires by getting a helping financial hand have to say, what have you got to lose? You are being given the opportunity to wipe the slate clean if need be, pick yourself back up from a slump, and live the quality of life you deserve.
Credit cards are there for a reason, companies have done extensive research and worked intensely with lending institutions to get you the best deals on the market. You can have the financial security to take care of your family, make calculated and researched investments, and earn a good credit reputation with your bank.
The word credit card was first brought onto the scene in a novel as early as the 1800s and then the concept introduced in coin version and charge cards in the 19th century. Although the modern world has significantly advanced in terms of lending and the process of available funds the initial intent remains the same, to help the working individual.
Leave a Reply