Credit card APR?

Is 17.9% to 19% APR bad for a Hess Gas card. We are trying to better our credit as much as possiable.. If we buy gas every month and pay it off in full will the APR even matter??

As long as you pay it of before the balance is due every month then you will not have to worry about the APR.

thats right the % rate won't apply as long as you pay it off every month. 17.9 to 19 believe it or not is not all that bad but not great ,i have seen worse,but if you look around you could do better.

Us as visa check card linked to your checking account. Credit cards are making americans into indentured servants.

No if you pay it off in full at the end of your cycle, you don't get charged a APR. While 19% isn't the best, it's the going rate these days for people with less the perfect credit.

Don't get caught up on paying only when it's due. Pay your bill ahead of time so you won't forget

Sorry, don't understand.

APR -- These three letters are going to make or break (mostly) your credit card experience. So, the better you know it the more you stand to gain. Technically standing for Annual Percentage Rate (APR) it denotes the amount of interest the credit card companies will be charging you over your credit card debt. Every credit card issuer is obliged to tell the customer about APR. Though just a number, the APR comes in different flavors.

1. The introductory APR:

This APR is the rate at which credit card companies will charge you from the beginning. It could be a low rate on your balance transfers or 0% initially to lure you into buying the credit cards. Most credit cards with 0% introductory offer come with this rate for a predefined period like for 6 months, 12 months. Credit card companies also offer low introductory APR like 4.99% etc. on balance transfers for a limited period. After the introductory period is over the APR switches to a high rate. If you wish to dispose off the credit card within the introductory APR period, technically you can get a low rate or maybe a 0% APR if the credit card offers.

2. Delayed APR:

This generally sets up after the introductory APR period has expired. Credit card owners who wish to keep the plastic with them for more than a year or even long after the introductory APR expires should seriously consider it. After attracting a customer with low introductory APR the delayed APR rate earns money for the credit card companies.

3. Penalty APR:

As the name implies the penalty APR is slapped on those who are late in their payments. Miss a payment and the penalty APR is there to greet you. Credit card companies charge a lot lot higher interest rates to defaulters. The more you default the more you pay. In addition to the penalty APR the late fees along with a decline in credit ratings is also on the cards. So, it is better to avoid ending up in such a scenario and follow your repayment schedule like religion. More than saving money it shines on your credit report. Read more from: http://www.credit-card-gallery.com/article/203,5_must_know_credit_card_APR_types_to_save_more

APR doesn't matter if you're paying the card off every month.

If you pay in full the apr will not matter becasue you are paying the full amount but There are better cards out there with lower rates and rewards, check out www.fastcreditcardapprovals.com they have all major credit cards and you will be able to find a better one even if your credit is bad.

Just use your debt card and spend what you have... credit cards are for people who have no will power and are too stupid to know they are pissing their hard earned money away.

this apr is very very high.
no, it won't matter if you pay your balance in full each month.

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy