When It Comes to Credit, Shop Around
Credit cards are a tricky topic for me. There are limitless companies out there offering all kinds of cards. Some have good deals of interest free periods, others have rewards, and some even have a built-in way to make contributions to the charity of your choice.
Even once you have some idea about what KIND of credit card you want, there is still the issue of going with a credit company that has a good reputation and a solid background. You don’t want to be issued a card with a fly-by-night company who is just going to turn around and sell your account. A company like the Cooperative Bank is one good example.
I only carry one credit card at a time and I make sure it is the best deal I can possibly get for my present situation. Right now I use a credit card infrequently, so I just want a low rate. I also want a guarantee that my rate will STAY low for at least 5 years.
It pays to shop around, but only with reliable creditors.
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