credit card interest Archives - The Outlier Model

Don’t Let Your Credit Cards Get Out Of Control

Credit Cards Get Out Of Control, credit card debt

Outlier Model / February 4th, 2014 / 2 Comments

Credit cards are incredibly useful – in fact, they are almost a necessity. Just try to buy anything online, book a hotel or buy airline tickets without one, and you’ll quickly realize just how much you depend on them. However, you need to think of a credit card as a way of managing your cash flow over the month, not as a source of credit. If you compare the interest rate on a typical credit card...

Posted in: Credit and Debt Tagged with: credit card debt, credit card interest, credit cards, credit rating

APR on credit cards highest in years

APR on credit cards, credit cards, APR, balance transfer

Guest / February 15th, 2013 / 5 Comments

This is a guest post. If you’re interested in guest posting with us, read our policy. Towards the end of 2012, the average purchase rate on credit cards had risen as high as 19.1 per cent – up an entire per cent from the same period one year previously. In fact, 19.1% is the highest the APR on credit cards has been in 18 months in the UK. The increasing APR is perhaps a little surprising, given...

Posted in: Guest Post Tagged with: APR rate, Barclaycard, credit card interest, credit card rates, high APR rate, Totally Money, zero balance credit transfer