The American Collection Libcrty

Consumer credit ... who was he?



revolving credit card:
ATTENTION TO APR
Discounts yes, but only under the revolving credit card personalized. The ultimate promotion goes to the signing of a credit card with the brand of trade and that of finance. These rechargeable cards that allow you to buy now and return the amount in installments with interest added. The offer is somewhat attractive because holders of these cards can directly access any promotions that the issue of trade without having to turn a new application funding. Beware
to the information and Taeg Tan, value, why, can reach 15-20% according to a report in the 2005 study of Altroconsumo. But what are the advantages for companies issuing loans? First obtain information about customer behavior and preferences. Each time you use the card, in fact, has the financial ability to track all purchases by the proprietor, is reached so that business proposals ad hoc proposals for new funding. Useful information, otherwise the company should purchase me out a price.


ZERO RATE:
SHOULD REALLY?
Buying a new LCD TV and pay in ten installments at no additional charge for the interest. It's called zero interest rate and is the new red herring for purchases in times of sales. But it should be so? First, you need to make a distinction between the entries in this chapter. On the one hand, in fact, there is between the simple rescheduling of money granted by the dealer, on the other hand, the financing from an outside company that anticipates the amount to the seller
. The first case is a simple facility and can therefore effectively zero cost. Be careful, however, occurs when a financial
outside. In this case, the value of Tan zero, hides a much higher APR of up to 15%. A charge of € 4 000, for example, can result in a payment of about € 360 a year. Interest (Tan) is supported, in whole or in part from the dealer, but then there are the cost of inquiries, including the APR, which offset the discount rate.
To avoid falling into the trap, experts advise, best
carefully read the package insert.