Comments on: 7 Stupid Strategies for Credit Card Consumerism

By: Jeff Clair

Jeff Clair — Thu, 29 May 2008 10:24:37 +0000

Great tips Heather, you present them in a very easy to understand way.

If these strategies would be followed in a timely manner, then we reduce the risk of being in debt.

Thanks Clint for sharing.

Jeff Clair

By: Monevator

Monevator — Wed, 13 Feb 2008 12:59:45 +0000

Another suggestion:

8) Keeping balances on high interest credit cards when you’ve lower interest cards you could move the balance on to.

In the UK, it makes a lot of sense to shuffle your debt (subject to card limits) to put as much as possible on cheaper cards. Of course the card companies have got wise to this and introduced balance transfer fees, but if you’re paying 18% on one card and 7% on another, it’s still well worth it even if you have to pay a 2.5% transfer fee.

Presume this is possible in the US?

By: Josie Geller

Josie Geller — Fri, 01 Feb 2008 18:29:53 +0000

Have you ever heard of Credit Card Zappers? They are supposed to lower credit card debt by reversing any fee, like interest, late fees, overlimit, balance transfer, or whatever.

Whatever fee a credit card charges, they say on their site they can remove it.

By: Susan Kishner

Susan Kishner — Fri, 01 Feb 2008 13:48:20 +0000

I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

Susan Kishner