SuperCharged Secret 1 of 5 - Credit Card Utopia

I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS!

Note: The following is part 1 of a 5 part series. Over the course of these next 5 articles, I am going to introduce you to several methods for maximizing the use and benefits of the best Credit Cards and offers on the market today. This information, when used in conjunction with one another, is unlike anything you've ever seen before. I like to call this approach, the "5 SuperCharged Secrets to Credit Card Utopia."

SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS!

SECRET 2: INTEREST BEWARE, THERE'S SAFETY IN NUMBERS!

SECRET 3: TURBO-CHARGED KILLER RATE SAVING INFORMATION!

SECRET 4: YOU SCRATCH MY BACK, AND I'LL BUY SOME MORE BEER!

SECRET 5: LIVING IN CREDIT CARD UTOPIA

Without further Ado, let's get started:

SECRET 1: I AM THE CONSUMER. AND I HAVE LOW-RATE SUPER-POWERS!

1) How would you like a zero interest credit card?

WHAT? Did you say ZERO interest? That's like 0.00%, or .0000000%, or nothing, or nada, or no interest? Tom! Can't be!!!

2) Actually, that's exactly what I mean.

You can have zero interest on a perfect day, or, can you live with 4% interest? I just received a credit card offer for 4% interest (which I turned down?), but if I needed it, that is completely reasonable, don't you think?

3) You see, you are the consumer, and you have Low-Rate Super Powers!

This is a hot, credit-hungry market we're in. There are banks and lending institutions that would do just about anything to entice you in to their little web of plastic loanery.

4) Here's Secret #1 revealed:

Credit Card companies are competing with each other, by offering consumers like us, low-interest, to no interest, balance transfers on already existing debt. Granted, these are usually (but not always?) limited to a time period like 6 months?

But, what do you care? 6 months of zero interest is certainly MUCH better than 6 months of 19% interest, RIGHT?

5) The first, most important thing you need to do, is examine if you have outstanding balances on other credit cards. If you do, then wisen up!

Let me be your Dad for a second?"Stop being lazy!" Go shop for a new credit card, and ask them if they offer balance transfer opportunities. Virtually ALL OF THEM DO! When you get the answer you're looking for, apply. They'll send you a nifty letter in the mail with a bunch of blank checks. Have a feel day! Go pay off your other credit cards, transfer the balances, and start enjoying zero to low interest! Pretty cool, huh?

6) But TOM, what do I do in six months?

Oh please. You know what you need to do. Mark your calendar, or your Franklin Covey, or your PDA, or whatever you use, and repeat the procedure again in 6 months (hot-tip: look for no-time limit zero interest balance transfers.)

This is easy stuff, folks. But it does take a couple extra steps.

That's why people AREN'T DOING IT, if you can believe that!

Well, it's your turn to be the smart consumer, right? Take this BIG, HUGE, sensible first step, and you are well on your way to the pearly gates of Credit Card Utopia!

We've enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.

Publisher's Directions:

This article may be freely distributed so long as the copyright, author's information, disclaimer, and an active link (where possible) are included.

Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

About The Author

Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. You can check out Tom's website here: http://loanresource.org, or you can email Tom at info@loanresource.org.

In The News:

---

BBC News
Former Credit Suisse broker arrested in US
Swissinfo, Switzerland - 5 hours ago
A former Credit Suisse broker has been arrested for fraud and conspiracy over deceptive sales of subprime-related auction-rate debt in the United States. ...
Former Credit Suisse broker charged with subprime-linked fraud in ... International Herald Tribune
UPDATE 1-FBI arrests ex-Credit Suisse broker Reuters
Criminal charges for ex-Credit Suisse brokers Independent
Washington Post - Forbesall 468 news articles

CEP News
S&P upgrades Raytheon credit ratings 1 notch
CNNMoney.com - 17 hours ago
S&P upgraded the company's long-term corporate credit rating to "A-" from "BBB+." The outlook is "Stable." The Waltham, Mass. ...
Credit rating soars in District 300 Northwest Herald
Starbucks downgraded to 'BBB' on weakening credit metrics - S&P Hemscott
Standard & Poor’s reviews Fifth Third, Regions, Synovus, Colonial Milwaukee Business Journal
Wall Street Journal - The Plain Dealer - cleveland.comall 91 news articles

Credit Crunch: The Sequel
U.S. News & World Report, DC - 22 hours ago
And that certainly seemed to be the case in March when investment bank Bear Stearns became the highest-profile victim of the credit crisis. ...
UPDATE 1-US banks' direct borrowing hits record in week Reuters
UPDATE:Comml Bks Set Record For Avg Discount Window Borrowing FXstreet.com The Foreign Exchange Market
The Market: What the Pros Are Saying BusinessWeek
The Associated Press - San Jose Mercury Newsall 78 news articles

Legg Mason's stock hit by Credit Suisse downgrade
Reuters - 16 hours ago
Credit Suisse analyst Craig Siegenthaler downgraded Legg Mason, the No. 2 publicly traded US asset management company, to "underperform" from "neutral," ...
After Credit Suisse downgrade, Legg shares fall Daily Record (subscription)
Legg Mason leads financials lower MarketWatch
Legg Mason shares slide after ratings downgrade Forbes
Baltimore Sun - 24/7 Wall St.all 20 news articles

To Your Credit, Two Cards
Washington Post, United States - 5 hours ago
Dear Heloise: My suggestion is to carry two (different type -- Heloise) major CREDIT CARDS. When in a foreign country recently, I found an airport desk that ...

MOVES-Unicredit, Pacific investment, Credit Suisse
Reuters - 1 hour ago
Sept 5 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, please e-mail ...
In praise of… Pimco FT Alphaville
Pimco Names El-Erian CEO Of the Bond-Investing Giant Wall Street Journal
all 30 news articles

Police seek credit union robber
Salt Lake Tribune, United States - 14 hours ago
Posted: 3:57 PM- Salt Lake City police are seeking the man who robbed a credit union Thursday. The Mountain America Credit Union at 1225 S. Redwood Road was ...
Man robs credit union KSL-TV
Officers searching for man who robbed credit union Deseret News
all 3 news articles

Washington Post
Agent's credit cards led to arrests
Houston Chronicle, United States - 11 hours ago
By PEGGY O'HARE Authorities have arrested two people linked to credit cards stolen from a Woodlands federal agent who died after he was severely beaten ...
Thomas J. Byrne; DEA Supervisory Agent in Houston Washington Post
all 3 news articles

Alleged credit card thief signs name on receipts
The Associated Press - Sep 3, 2008
IOWA CITY, Iowa (AP) — Iowa City police say they didn't have much trouble finding a man accused of using a stolen credit card — he signed his own name to ...
A stupid credit card thief Computerworld
Alleged thief leaves giveaway clue _ his signature The Associated Press
all 207 news articles

China Yuchai International Re-finances Existing Credit Facility
MarketWatch - 1 hour ago
... with DBS Bank Ltd., ("DBS") of Singapore, to partially re-finance one of its existing revolving credit facilities due to expire shortly. ...

credit - Google News

How To Avoid Becoming A Victim of Identity Theft

With identity theft statistics currently at an all time high, and climbing, it just makes sense that we should all be doing everything we can to protect... Read More

5 Things Your Credit Card Company Keeps Quiet About

Credit Cards can bankrupt you if you let them run away from you. The various Credit Cards companies are in it for profit so they will not... Read More

Opting For A Credit Card? Check Out Certain Terms

You've just received a "pre-approved" credit card offer in your mail. Without wasting a minute you're ready to accept it, especially if it's the "before-the-offer-expires" one. Wait!... Read More

What is a Credit Card?

A credit card allows you to buy things even though you might not have the money to pay for it right away. The company that gave you... Read More

What To Look For In A Credit Card

When you are deciding what type of credit card to get it is important to compare credit cards to each other and find the best deal for... Read More

Sound Advice For First Time Credit Card Users

If you are just entering the world of credit cards, there is important information you will need to know in order to manage your credit and your... Read More

Are You The Only One Using Your Name?

Identity theft has become an epidemic. Millions and millions of purses and wallets are stolen everyday and many of them are not just taken for the money... Read More

Understanding Your Credit Score

When you apply for credit one of the first things almost all credit officers do is check your credit score. Although not all of those officers explained... Read More

Preventing Credit Card Mess

Credit card debts problem is extremely common today. It is usually the first sign of longer term financial troubles. How to manage your credit cards so that... Read More

Building Good Business Credit After Bad Credit

Can you establish good business credit if you have bad personal credit? The answer is yes...but with a few caveats.Business credit reports and personal credit reports are... Read More

Collection Agencies: What Do They Do?

Collection agencies are businesses that collect past-due bills and accounts receivable for other persons or businesses in exchange for a fee. Collection agencies charge for their services... Read More

Credit Verus Debt

Secured and unsecured debt - what's the difference?It's easy to just think that debt is just debt, but in reality, there are different types of loans, and... Read More

10 Tips To Prevent Credit Card Fraud

Imagine opening your credit card statement one morning and discovering to your horror that you suddenly owe thousands of dollars - on purchases that you never made.Impossible?Credit... Read More

Useful Tips on Borrowing Money

Here are some useful tips on borrowing money. Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan... Read More

Big Brother Knows Whats in Your Credit Report - How About You?

Whether you are aware of it or not, credit bureaus have been keeping tabs on you and how you use credit. When it's time for you to... Read More

Dealing With A Collection Agency

Step I - Selecting A Collection AgencySelecting a credit collection agency is perhaps the most important and difficult task. Some factors you must consider while selecting a... Read More

Finding the Right Credit Card

There are so many credit cards out there to choose from that deciding which one to get can feel really daunting. What makes one offer better than... Read More

Credit Scoring: What You Dont Know Can Hurt You

You've probably heard the term credit scoring. You may have some idea that your credit score can have an effect on your life. For example, you may... Read More

Do you Know the Benefits of Checking your Credit Report?

Do you know why you should check your credit report?Of course you do, because you have undoubtedly experienced one working in your life!No matter where you roam,... Read More

Various Types of Credit Cards - Part 2

Several different types of credit cards offer several different options, depending on what your needs are. Some are geared toward individual consumers while others are set up... Read More

Top 5 Reasons To Check Your Credit Report Regularly

#1 Make sure mistakes aren't hurting your credit.Reviewing your credit report can help you avoid costly errors. In one recent study, more than 50% of the credit... Read More

Have You Ever Opened a Checking Account?

Maybe some of you are saving it in your trusty piggy bank, under your mattress or way back in a sock drawer. Although I'm glad that you... Read More

Establishing Credit ? What You Need To Know Part 2

In my previous article "Establishing Credit ? What You Need To Know Part 1" I discussed the need for a good credit history and what lenders were... Read More

Different Types of Credit Cards and Features - Part 1

Just as there are too many credit card companies to count, there seems to be just as many different credit cards, all claiming to offer you the... Read More

How Your Credit Rating Affects You, and How to Check It

You might not know it, but every time you take out any kind of loan or credit or pay something back, it gets counted on your credit... Read More

How To Get Out Of Credit Card Debt

If you're like the average person, let me warn you ahead of time about what I'm going to reveal in the next few paragraphs. You may be... Read More