The Three Different Credit Cards and Basic Difference amongst Them
As you cross the age of eighteen and are approved to be an adult you, you must have received calls or emails offering you credit cards. From the commercials on the television and the internet, it is quite obvious that use of a credit card has become a very normal thing in present society. To own assets like cars, houses it is not possible for all to pay in a lump sum and people usually use the option of credit to buy them. Since credit cards are a part and parcel of our lives in this modern era it is important to know about them. In this article, we shall discuss the three types of credit cards available. Personal Credit Card These credit cards are offered by many companies. The rates mostly start from nine percent to twenty percent. Though nowadays many companies also offer zero percent balance transfers. This can range from the duration of the balance transferred. It may be two months or even two years. The usual practice of the companies is to introduce with low rates