We are all wainting for the day when debt will be magically erased from all the reports.

Some people call it the coming of Jesus, but I call it the coming of the debt-eraser. Okay, I'm clearly being absurd right now, but how exciting would this be? We'd all certainly call this individual a saint of some kind. I am sure I'd plaster his/her face on my living room wall in a 20/30 frame.

At this point I'd even be satisfied if my credit card debt was banished. The relief would be inestimable. Speaking of those little plastic devils, how much do you currently owe on yours? I give you my word these suckers should come with the numbers 666 written across the front. Just as a fair warning to all who use them. Please, someone bring on the interest free credit cards. The globe would be a much happier place.

I was Christmas shopping the other day. After all, this is the season to be happy, right? Well, how in the heck am I supposed to be happy when I know that there will be some stupid interest rate charged on my credit card each month? Every time I whip the thing out, I cringe with a tentative twinkle in my eye.

I don't like to use it, but , if you're broke from paying bills, you hardly have 20 other options. It's not like you could simply dismiss the idea of buying presents for the loved ones. That wouldn't go over so well. Of course if one had a few interest free credit cards, this wouldn't be an issue at all.

But, where on earth can you get these? Well, I'm pleased you asked. You can certainly find interest free credit cards, but like always, there is commonly a catch. They're generally interest free for balance transfers only, and this only lasts for 12 months from the date you have the card. So don't plan on getting interest free credit cards that apply to purchases. Be sure to read the fine print on the back of each document/pitch you receive in the mail. The purchase interest rate is typically HIGH, and the cash-advance one is always worse.

I just remembered the only time I encountered true interest free credit cards. It was back when I started university. I was offered a few interest free credit cards with 0 APRs on purchases. They only had 250 dollar limits and if you exceeded the limit, your interest rate was horrible. Other than that, these advantageous credit cards cease to exist.

About the Author:
Read more now from this successful author about Credit Cards and Personal Credit Cards articles at his website www.creditcards.personalfinanceandinvestment.com

Article Stars: http://articlestars.com

Please Rate this Article

5 out of 54 out of 53 out of 52 out of 51 out of 5 

Not yet Rated