There are many people around the world that are finding it tough financially. With the present state of the economy the stress of finances is enormous. Many people are looking for free financial tips so that they can get back on track financially. You may be interested in this article if you are looking for financial advice.There's no such thing as a free lunch, and that especially applies to supposedly free financial advice. Here's how to spot them so you don't get stung.


Tuesday, 13 May 2014

Credit Fees: Can Bobby Jain Help You Overcome Them?

By Robin Setser


It goes without saying that many credit cards come with certain strings attached. They may be ones that you have been aware of since signing up for said cards while other strings might not have made their presences felt until you least expected them to. Whatever the case may be, there are various credit card fees that you can actually abstain from. If you would like to learn more about this, I am sure that Bobby Jain will be able to help you gain a better understanding.

There was a report published on Wall St. Cheat Sheet that detailed the top five credit card fees; one of said examples was annual fees. It goes without saying that there are many different credit card options that have this feature. One of the reasons for this is because certain annual fees can surface out of nowhere, taking customers completely by surprise. With that said, if you are looking for credit card choices that do not possess this particular caveat, you cannot go wrong with something like Chase Slate.

I believe that penalty fees should be discussed and the article spoke about how they can be broken up into certain groups. For example, the late payment fee can rise to the surface when a given payment has been received by the bank following the due date that had been established. Another idea to consider is the over-limit fee; this may be required when your balance goes past the credit line that you possess. Automatic payments stand a great chance of preventing either of these instances from surfacing.

Finally, you will want to draw your attention to the cash advance fee and Bobby Jain may tell you the same. It seems as though there are many cards which have fees of 3 percent and they come with minimums that can be as small as $5 and as large as $10. On the surface, it may appear as though you will take a hit but this is where a certain level of care should be taken. If you'd like to know, names such as Jain will tell you that it is important to keep your card away from the idea of cash advance.

To say that there are quite a few credit card options available would be nothing short of an understatement. Consumers will be able to understand this as well but I feel as though they should be better able to understand what it is that they can do in order to avoid certain fees which, for the most part, shouldn't be present. For potential credit card owners, make sure that you consult your bank in order to attain as much information as possible. If you can do this, your financial standing will be much better off.




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