Tired of reading review after review about 0% APR intro rate
credit cards? Having no luck when it comes to finding an
all-in-one-review about 0% APR intro rate credit cards? Confused
with what you've read so far about 0% APR intro rate credit
cards because everything seems to be contradictory? Well, look
no more because this article is indeed what you're looking for.
In here, you'll learn everything you want to know about 0% APR
intro rate credit cards. In this article, you may also discover
more than you bargained about 0% APR intro rate credit cards -
in a good way, of course. Ready for Lesson Number One about 0%
APR intro rate credit cards? Well, here goes.
It's True - Yes, 0% APR intro rate credit cards do exist and if
we have our way about it, you'll be one of the lucky people to
qualify for a 0% APR intro rate credit cards.
The Application Process - Applying for any credit card, whether
it's for 0% APR intro rate credit cards or for credit cards
offering reward points is always a tad difficult so don't expect
overnight success, especially since you're angling for 0% APR
intro rates.
The application process for a 0% APR intro rate credit card
starts with submitting the necessary documents - this is SOP for
all credit card applications - that would substantiate your
contact details and give them an overview about your present
financial status. Upon submission of the usual documents,
depending on your income level and credit reputation, you may be
contacted by the credit company and asked to submit additional
documents.
The Qualifications for 0% APR intro rate credit cards -
Basically, if you want to have 0% APR intro rate, you must have
a squeaky clean credit reputation. That means having a
reputation of paying debts promptly, not owing too much from the
bank, not having high balances on your other credit cards, not
having too much mortgages under your name and not having so many
people requiring a credit check on you.
If you're not sure whether you qualify for a 0% APR intro rate
credit card, simply approach the nearest credit bureau and
request for a copy of your credit report. The details in your
credit report can easily tell you if you've a good shot of
owning a 0% APR intro rate credit card or not. People with FICO
scores equal to 650 or more are more or less guaranteed of
having their application approved.
About the author:
Michael Colucci is a technical writer for
Low Interest
Credit Cards - A site that offers credit cards with an intro
rate of 0% for 12-15 months.
