Credit Card Teaser Rates - Don"t Let Credit Card Companies Tease You Like a Kindergarten Brat
I always hated being teased by my fellow classmates back in elementary school.
Oh yes, second graders can be so cruel! Perhaps you remember being teased yourself because you wore glasses, were a little pudgy, or for any one of a variety of reasons.
Or perhaps you're one of the cool kids, or even one of the bullies that was responsible for bothering all of the nerds in the class.
Most of us have a good sense of humor and enjoy an occasional laugh at one's expense, but when it comes to our finances, teasing is no laughing matter.
You see, credit card companies have developed a deceptive tactic known as teaser rates.
You probably have received an offer in the mail talking about a low interest credit card.
If you look closely, you'll realize this is only an introductory rate which will expire within a few months.
After this initial period of bliss, your interest rates will likely shoot up to a much higher rate.
Credit card issuers know that the initial low rate will attract many new customers.
So many of us are already predisposed to using a credit card to get whatever we want.
It's so easy to simply put off payment for the future.
However, just like those mean bullies that sometimes come back to haunt you in your nightmares, the credit card companies want to push you around.
They're laughing at you - teasing you, if you will - because sooner or later you'll end up with a huge finance charge that you weren't expecting.
Why exactly do they do this? Quite simply, these big finance charges make the credit card companies a lot of money.
And by giving you low introductory rates, they're betting that you won't even notice when they increase your rates later on.
Only this time, you've got the upper hand.
You have the knowledge it takes to beat the credit card companies at their own game, and knowledge is half the battle.
You can decide to reject their offer completely, or simply pay off your purchases as quickly as possible to avoid long-term interest.
It's time to stand up for yourself and get back at those mean sixth graders that used to steal your lunch money each morning.
Let those credit card companies know who's boss, and tell them you're not falling for their temporary interest rates.
The nerds would be proud of you.
Oh yes, second graders can be so cruel! Perhaps you remember being teased yourself because you wore glasses, were a little pudgy, or for any one of a variety of reasons.
Or perhaps you're one of the cool kids, or even one of the bullies that was responsible for bothering all of the nerds in the class.
Most of us have a good sense of humor and enjoy an occasional laugh at one's expense, but when it comes to our finances, teasing is no laughing matter.
You see, credit card companies have developed a deceptive tactic known as teaser rates.
You probably have received an offer in the mail talking about a low interest credit card.
If you look closely, you'll realize this is only an introductory rate which will expire within a few months.
After this initial period of bliss, your interest rates will likely shoot up to a much higher rate.
Credit card issuers know that the initial low rate will attract many new customers.
So many of us are already predisposed to using a credit card to get whatever we want.
It's so easy to simply put off payment for the future.
However, just like those mean bullies that sometimes come back to haunt you in your nightmares, the credit card companies want to push you around.
They're laughing at you - teasing you, if you will - because sooner or later you'll end up with a huge finance charge that you weren't expecting.
Why exactly do they do this? Quite simply, these big finance charges make the credit card companies a lot of money.
And by giving you low introductory rates, they're betting that you won't even notice when they increase your rates later on.
Only this time, you've got the upper hand.
You have the knowledge it takes to beat the credit card companies at their own game, and knowledge is half the battle.
You can decide to reject their offer completely, or simply pay off your purchases as quickly as possible to avoid long-term interest.
It's time to stand up for yourself and get back at those mean sixth graders that used to steal your lunch money each morning.
Let those credit card companies know who's boss, and tell them you're not falling for their temporary interest rates.
The nerds would be proud of you.